Question: Based upon the end-of-period spreadsheet, journalize the closing entries. Could you help me with this? I have done some of it. Finders Investigative Services End-of-Period
Based upon the end-of-period spreadsheet, journalize the closing entries.
Could you help me with this? I have done some of it.
Finders Investigative Services End-of-Period Spreadsheet For the Year Ended June 30, 2016 ~ Adjusted Trial Balance Account Title ~ Dr. Cr. ~ Cash ~ 28,000 Accounts Receivable ~ 71,000 Supplies ~ 4,700 Prepaid Insurance ~ 2,500 Building ~ 432,500 Accumulated Depreciation-Building ~ 44,200 Accounts Payable ~ 11,700 Salaries Payable ~ 2,500 Unearned Rent ~ 1,800 Common Stock ~ 80,000 Retained Earnings ~ 293,600 Dividends ~ 12,000 Service Fees ~ 714,800 Rent Revenue ~ 12,000 Salaries Expense ~ 526,000 Rent Expense ~ 48,000 Supplies Expense ~ 11,000 Depreciation Expense-Building ~ 7,000 Utilities Expense ~ 7,300 Repairs Expense ~ 2,800 Insurance Expense ~ 2,000 Miscellaneous Expense ~ 5,800 ~ 1,160,600 1,160,600


1 6 8 DATE DESCRIPTION Closing Entries Jun.30 Rent Revenue Income Summary Service Fees Jun. 30 Income Summary Rent Expense Supplies Expense Depreciation Expense-Building JOURNAL PAGE 11 Score: 173/197 POST. REF. DEBIT CREDIT 12,000.00 714,800.00 48,000.00 11.000.00 7000.00
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