Using the following partial listing of T accounts, prepare closing entries in general journal form dated June
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Using the following partial listing of T accounts, prepare closing entries in general journal form dated June 30, 20--. Then post the closing entries to the Taccounts.
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Accum. Depr.- Office Equip. Bal. Wages Expense Bal. 1,080 Utilities 181.1 511 533 Expense 102 110 Bal. Wages Payable Advertising Expense Insurance 219 512 535 Expense 260 Bal. Bal. 34 Bal. 120 Raquel Zapata, Capital Rent Gas and Oil 311 521 538 Expense Expense Bal. 6,000 Bal. 900 Bal. 88 Raquel Zapata, Drawing 2,000 Supplies Expense Depr. Exp.- Office Equip. 312 523 541 Bal. Bal. 322 Bal. 110 Income Telephone Expense Miscellaneous 313 525 549 Summary Expense 98 Bal. 133 Bal. Referral 401 Fees 2,813 Bal.
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