After the accounts have been adjusted at Retained Earnings $ 275,000 Dividends 25,000 Fees Earned 400,000 Wages
Question:
Retained Earnings $ 275,000
Dividends 25,000
Fees Earned 400,000
Wages Expense 280,000
Rent Expense 40,000
Supplies Expense 3,000
Miscellaneous Expense 12,000
Journalize the four entries required to close the accounts.
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June 30 Fees Earned 400000 Income Summary 400000 30 Income ...View the full answer
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Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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