The trial balance columns of the worksheet for Dixon Company at June 30, 2022, are as follows.

Question:

The trial balance columns of the worksheet for Dixon Company at June 30, 2022, are as follows.


Instructions

a. Prepare the closing entries using page Jl5.

b. Post to Owner's Capital and No. 350 Income Summary accounts. (Use the three-column form.)

c. Prepare a post-closing trial balance at July 31.

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Accounting Principles

ISBN: 9781119707110

14th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell

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