A partially completed worksheet for Nationwide Auto Detailing Service, a firm that details cars and vans, follows

Question:

A partially completed worksheet for Nationwide Auto Detailing Service, a firm that details cars and vans, follows on page 178.
INSTRUCTIONS
1. Record balances as of December 31 in the ledger accounts.
2. Prepare the worksheet.
3. Journalize (use 3 as the journal page number) and post the adjusting entries. Use account number 131 for Prepaid Advertising and the same account numbers for all other accounts shown on page 186 for Wells' Consulting Services chart of accounts.
4. Journalize (use 4 as the journal page number) and post the closing entries.
5. Prepare a postclosing trial balance.
A partially completed worksheet for Nationwide Auto Detailing Service, a
A partially completed worksheet for Nationwide Auto Detailing Service, a

Analyze:
What total debits were posted to the general ledger to complete all closing entries for the month of December?

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Related Book For  book-img-for-question

College Accounting A Contemporary Approach

ISBN: 978-0073396958

2nd edition

Authors: David Haddock, John Price, Michael Farina

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