Prepare closing entries Requirements 1. Using the following selected accounts of Jona and Son Electrical, Inc., at
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Requirements
1. Using the following selected accounts of Jona and Son Electrical, Inc., at April 30, 2012, prepare the entitys closing entries:
2. What is Jona and Son Electricals ending Retained Earnings balance at April 30,2012?
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$ 7,000 4,200 1,300 2,600 5,900 800 Dividends..16,000 500 Supplies1,700 Service Revenue 54,000 Retained Earnings .2,100 Salaries Expense 20,800 Depreciation Expense 30,000 Rent Expense Supplies Expense... Interest Revenue. Interest Expense 2,400
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Journal DATE ACCOUNTS POST REF Dr Cr Apr 30 Service revenue 54000 Interest revenue 500 ...View the full answer
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