From the following information, journalize the last two closing entries and present a statement of owners equity
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H. Nishimoto, Capital Income Summary Dec. 31 Adj. 190,000 Dec. 31 Adj 206,000 Jan. 1 Bal. 450,000 Dec. 31 Closing 415,000 Dec. 31 Closing 492,000 Apr. 7 18,000 H. Nishimoto, Drawing Mar 35,000 Dec. 9 40,000
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GENERAL JOURNAL PAGE POST DATE DESCRIPTION REF DEBIT CREDIT 20 Closing Entries Dec 31 Income Summar...View the full answer
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College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
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