The ledger of Pitt Company contains the following balances: Owners Capital $30,000, Owners Drawings $2,000, Service Revenue

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The ledger of Pitt Company contains the following balances: Owner’s Capital $30,000, Owner’s Drawings $2,000, Service Revenue $58,000, Salaries and Wages Expense $39,000, and Supplies Expense $7,000. Prepare the closing entries at December 31.

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Accounting Principles

ISBN: 978-1119411482

13th edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Jan 12, 2019 04:48 AM

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The ledger of Pitt Company contains the following balances: Owners Capital $30,000, Owners Drawings $2,000, Service Revenue

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Dec 31 Service Revenue 58000 Income Summary 58000 31 Income Summary 46000 S...View the full answer

Accounting Principles

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