Selected accounts for Kebby Photography at December 31, 2024, follow: Requirements 1. Journalize Kebby Photographys closing entries

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Selected accounts for Kebby Photography at December 31, 2024, follow:

Requirements

1. Journalize Kebby Photography’s closing entries at December 31, 2024.

2. Determine Kebby Photography’s ending Kebby, Capital balance at December 31, 2024.

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Horngrens Accounting The Financial Chapters

ISBN: 9780136162186

13th Edition

Authors: Tracie Miller Nobles, Brenda Mattison

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Question Posted: Feb 22, 2023 07:53 AM

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Selected accounts for Kebby Photography at December 31, 2024, follow: Requirements 1. Journalize Kebby Photographys closing entries

Question:

Kebby, Withdrawals 14,000 Salaries Expense 31,800 1,400 Depreciation Expense-Building 7,000 Kebby, Capital 49,000 Service Revenue 33,000 4,500 Supplies Expense 2,700 Depreciation Expense-Furniture 1,500

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1 2 Date Dec 31 Accounts and Explanation Service Revenue Income Summary To close ...View the full answer

Horngrens Accounting The Financial Chapters

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