The following is the adjusted trial balance of Health Services, Inc., for December 31, 2016. Requirement Journalize
Question:
The following is the adjusted trial balance of Health Services, Inc., for December 31, 2016.
Requirement
Journalize the closing entries at December 31.
Transcribed Image Text:
Health Services, Inc. Adjusted Trial Balance December 31, 2016 ACCOUNT DEBIT CREDIT $ 6,400 12,000 Cash Accounts Receivable Supplies Furniture Accumulated Depreciation, Furniture Equipment Accumulated Depreciation, Equipment Accounts Payable Salaries Payable 220 6,500 $ 1,800 21,000 3,400 1,000 4,300 Unearned Service Revenue 2,500 21,000 19,920 Common Stock Retained Earnings Dividends 18,000 77,800 Service Revenue Salaries Expense Rent Expense Depreciation Expense, Equipment Depreciation Expense, Furniture Supplies Expense 53,400 11,700 1,200 800 500 $131,720 Total $131,720
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Journal Date ACCOUNTS POST Dr Cr REF Dec 31 Service revenue 77800 Ret...View the full answer
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