Question: answer all parts please Presented below are the balances from Elsie's Electronics Ltd's general ledger as at September 30, 2020 DR CR Cash Accounts receivable

answer all parts please
answer all parts please Presented below are the balances from Elsie's Electronics
Ltd's general ledger as at September 30, 2020 DR CR Cash Accounts
receivable 28,000 32.000 72,000 331,000 Inventory Equipment Accumulated depreciation equipment Accounts payable
Bank loan payable 160,000 117.000 65,000 nearned revenue 22.000 Common shares 10,000
Retained earnings 65.000 Bank loan payable 65,000 Unearned revenue 22,000 Common shares
10,000 65,000 Retained earnings Dividends declared Sales revenue 16.000 496,500 Interest revenue

Presented below are the balances from Elsie's Electronics Ltd's general ledger as at September 30, 2020 DR CR Cash Accounts receivable 28,000 32.000 72,000 331,000 Inventory Equipment Accumulated depreciation equipment Accounts payable Bank loan payable 160,000 117.000 65,000 nearned revenue 22.000 Common shares 10,000 Retained earnings 65.000 Bank loan payable 65,000 Unearned revenue 22,000 Common shares 10,000 65,000 Retained earnings Dividends declared Sales revenue 16.000 496,500 Interest revenue 2.500 Cost of goods sold 327,000 Wages expense 62,000 Rent expense 29,000 Depreciation expense 41,000 (a) Prepare the necessary closing entries for Elsie's Electronics at September 30. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Sept. 30 (To close accounts with a credit balance) Sept. 30 Sept. 30 (To close accounts with a debit balance) Sept 30 (To close income summary account) (To close income summary account) Sept. 30 (To close dividend account) eTextbook and Media List of Accounts Sve for the Attempts: 0 of 3 used Submit Answer Question 11 of 16 > Save for Liter ./12 IND Attempts:0 of 3 used Submit Answer (bl Determine the closing Retained Earnings account balance Retained earnings account closing balance 5 e Textbook and Media List of Accounts Soforte Attempts: 0 of 3 used Submit

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