Clean123 Inc. is performing closing entries. Its services revenue account has a $124,500 balance, its dividends account

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Clean123 Inc. is performing closing entries. Its services revenue account has a $124,500 balance, its dividends account has a $4,000 balance, its accounts payable has a $23,400 balance, and its rent expense has a $3,000 balance. What is the debit amount of the first closing entry? A. 3,000 B. 30,400 C. 94,100 D. 124,500 E. 154,900

Posted Date: May 18, 2024 06:14 PM

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Clean123 Inc. is performing closing entries. Its services revenue account has a $124,500 balance, its dividends account

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