Recording Transactions Including Adjusting and Closing Entries (Nonquantitative)
The following accounts are used by Britt€™s Knits, Inc.

Required:
For each of the following nine independent situations, give the journal entry by entering the appropriate code(s) and amount(s). The first transaction is used as anexample.

Transcribed Image Text:

Accounts Codes Accounts Codes Cash Contributed Capital Retained Earnings Service Revenue Interest Revenue Wage Expense Depreciation Expense Interest Expense Supplies Expense None of the above Office Supplies Accounts Receivable Office Equipment Accumulated Depreciation Note Payable Wages Payable Interest Payable Unearned Service Revenue D G. Н -KLMNOPOR