using a t-chart post the closing entries and balance the accounts 2 7 58 01 12 320

using a t-chart post the closing entries and balance the accounts  

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2 7 58 01 12 320 332 400 622 722 726 732 Cash Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation-Equip. Accounts Payable Salaries and Wages Payable Common Stock Retained Earnings Dividends Service Revenue Maintenance and Repairs Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Utilities Expense Totals Net Income Totals 1,700 2,900 1,700 30,400 1,600 38,300 22,200 60,500 9,000 60 500 60 500 10,900 3,000 23,800 18,400 60,500 65,100 65 100 4,700 8,900 2,500 19,600 7,200 42,900 22,200 65.100 2 7 58 01 12 320 332 400 622 722 726 732 Cash Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation-Equip. Accounts Payable Salaries and Wages Payable Common Stock Retained Earnings Dividends Service Revenue Maintenance and Repairs Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Utilities Expense Totals Net Income Totals 1,700 2,900 1,700 30,400 1,600 38,300 22,200 60,500 9,000 60 500 60 500 10,900 3,000 23,800 18,400 60,500 65,100 65 100 4,700 8,900 2,500 19,600 7,200 42,900 22,200 65.100

Answer rating: 100% (QA)

To post the closing entries and balance the accounts using a Tchart well start by identifying the te... View the full answer