Willis Company has the following year-end account balances on April 30, 2021: Service Revenue $53,800; Rent Revenue
Question:
Willis Company has the following year-end account balances on April 30, 2021: Service Revenue $53,800; Rent Revenue $12,000; Salaries Expense $19,400; Depreciation Expense $8,000; Supplies Expense $3,500; B. Willis, Capital $97,000; and B. Willis, Drawings $18,000. Prepare the closing entries for Willis Company.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
General Journal J1 Date Account Titles and Explanations Ref ...View the full answer
Answered By
Waswa bonface
Hello, I'm Franklin, a motivated engineer with industrial experience. since childhood i liked trying out new things, science fascinated me. this inquisitive behavior molded me to grow up to become an engineer. I can solve virtually any problem in electrical, electronics, communication and aerospace engineering. I'm good at explaining working principles and performing calculations. I also write technical reports.
0 Reviews
10+ Question Solved
Related Book For 
Accounting Principles Volume 1
ISBN: 978-1119502425
8th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
Question Posted:
