After the accounts have been adjusted at April 30, the end of the fiscal year, the following
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Felix Godwin, Capital................... $643,600
Felix Godwin, Drawing.................... 10,500
Fees Earned.................................356,500
Wages Expense............................. 283,100
Rent Expense.................................56,000
Supplies Expense.............................11,500
Miscellaneous Expense..................... 13,000
Journalize the four entries required to close the accounts.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781337119207
14th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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