The ledger of Mai Company includes the following accounts with normal balances as of December 31:...
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The ledger of Mai Company includes the following accounts with normal balances as of December 31: Common Stock $10,000; Dividends $1,300; Services Revenue $23,000; Wages Expense $13,400; and Rent Expense $3,600. Prepare its December 31 closing entries. View transaction list Journal entry worksheet < 1 2 Record the entry to close revenue accounts. Date Dec 31 3 4 Note: Enter debits before credits. Record entry General Journal Clear entry Debit Credit View general journal The ledger of Mai Company includes the following accounts with normal balances as of December 31: Common Stock $10,000; Dividends $1,300; Services Revenue $23,000; Wages Expense $13,400; and Rent Expense $3,600. Prepare its December 31 closing entries. View transaction list Journal entry worksheet < 1 2 Record the entry to close revenue accounts. Date Dec 31 3 4 Note: Enter debits before credits. Record entry General Journal Clear entry Debit Credit View general journal
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Date General Journal Dec 31 Service revenue Income summary ... View the full answer
Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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