Marina Services Co. offers its services to individuals desiring to improve their personal images. After the accounts

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Marina Services Co. offers its services to individuals desiring to improve their personal images. After the accounts have been adjusted at July 31, the end of the fiscal year, the following balances were taken from the ledger of Marina Services Co.

Journalize the four entries required to close theaccounts.

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Aug 27, 2011 08:07 AM

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Marina Services Co. offers its services to individuals desiring to improve their personal images. After the accounts

Question:

Rent Expense Supplies Expense Miscellaneous Expense John O'Neil, Capital John O'Neil, Drawing Fees Earned Wages Expense S480,000 $45,000 5,100 190,000

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Fees earned Income summary ONeil Capital ONeil ...View the full answer

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