Selected accounts for Cate Photography at December 31, 2025, follow: Requirements 1. Journalize Cate Photographys closing entries
Question:
Selected accounts for Cate Photography at December 31, 2025, follow:
Requirements
1. Journalize Cate Photography’s closing entries at December 31, 2025.
2. Determine Cate Photography’s ending Retained Earnings balance at December 31, 2025.
Transcribed Image Text:
Dividends 17,000 Salaries Expense 25,400 700 Depreciation Expense-Building 800 Retained Earnings 47,000 Service Revenue 30,000 2,000 Supplies Expense 2,400 Depreciation Expense-Furniture 6,200
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780137858651
8th Edition
Authors: Tracie Miller Nobles, Brenda Mattison
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