Stylishservices Co. offers its services to individuals desiring to improve their personal images. After the accounts hvae
Question:
Stylishservices Co. offers its services to individuals desiring to improve their personal images. After the accounts hvae been adjusted at August 31, the end of the fiscal year, the following balances were taken from the ledger of Stylish services Co:
Retained earnings................................................. $858,000
Rent expense.......................................................... $69,500
Dividends................................................................ $12,400
Supplies Expense.................................................. $11,120
fees earned......................................................... $522,300
Miscellaneous Expense....................................... $14,500
Journalize the four entries required to close the accounts
wages expense................................................. $484,400
Journal
Corporate Financial Accounting
ISBN: 978-1133952411
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac