Revenue and expense accounts of Reschke Training Services for November 30, 2012, are given as follows. Prepare

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Revenue and expense accounts of Reschke Training Services for November 30, 2012, are given as follows. Prepare a compound journal entry that will close the revenue and expense accounts to the retained earningsaccount.

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Posted: Dec 30, 2011 03:28 AM

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Revenue and expense accounts of Reschke Training Services for November 30, 2012, are given as follows. Prepare

Question:

Debit Credit Sales Revenue Cost of Goods Sold Salaries Expense nant.cut.42,000 Interest Expense Rent Expense Insurance Expense . Property Tax Expense..ut Supplies Expense Advertising Expense 372,000 za189,500 2,500 12,600 2,800 1,600 13,000

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Sales Revenue 372000 Cost of Goods Sold 189500 Sal...View the full answer

Accounting concepts and applications

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