Period ending December 31 closing entries for Outback Guide Service are: Using your working papers, post the
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Period ending December 31 closing entries for Outback Guide Service are:
Using your working papers, post the closing entries to the appropriate general ledger accounts and prepare a post-closing trial balance.
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DATE DESCRIPTION 1 20-- Closing Entries 2 Dec. 31 Guide Service Revenue Income Summary 31 Income Summary Advertising Expense Maintenance Expense Rent Expense Utilities Expense 31 Income Summary Juanita Ortega, Capital 31 Juanita Ortega, Capital 3 4 5 6 7 B 9 GENERAL JOURNAL POST. REF. 10 11 12 13 Juanita Ortega, Withdrawals DEBIT 16 300 00 10 000 00 6300 00 4000 00 PAGE CREDIT 2 16 30000 3 4 300000 5 1100 00 6 400000 7 1900 00 8 9 6300 00 10 11 400000 12 13
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