Question: 2 Exercise 4-6 Completing the income statement columns and preparing closing entries LO P1, P2 These partially completed Income Statement columns from a 10-column work

 2 Exercise 4-6 Completing the income statement columns and preparing closing

2 Exercise 4-6 Completing the income statement columns and preparing closing entries LO P1, P2 These partially completed Income Statement columns from a 10-column work sheet are for Brown's Bike Rental Company points Account Title Debit Credit Rent earned 148,000 Salaries expense 65,712 9,324 Insurance expense eBook Office supplies expense Bike repair expense Depreciation expense-Bikes 28,268 21,756 4,588 Hint (1) Use the information to determine the amount that should be entered on the net income line of the work sheet Print References (2) Prepare the company's closing entries. The owner, H. Brown, did not make any withdrawals this period View transaction list Journal entry worksheet

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