The ledger of Quintana Company contains the following balances: Retained Earnings ($ 40,000), Dividends ($ 3,000), Service

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The ledger of Quintana Company contains the following balances: Retained Earnings \(\$ 40,000\), Dividends \(\$ 3,000\), Service Revenue \(\$ 65,000\), Salaries and Wages Expense \(\$ 39,000\), and Maintenance and Repairs Expense \(\$ 9,000\). Prepare the closing entries at December 31.

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Financial Accounting Tools For Business Decision Making

ISBN: 9781119791089

10th Edition

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

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