Question: Could you help me record the closing entry for transferring revenues and expenses in the Journal Entry worksheet? PA4-1 Preparing a Trial Balance, Closing Journal


Could you help me record the closing entry for transferring revenues and expenses in the Journal Entry worksheet?
PA4-1 Preparing a Trial Balance, Closing Journal Entry, and Post-Closing Trial Balance Starbooks Corporation provides an online bookstore for electronic books. The following is a slmplified list of accounts and amounts reported in its accounting records. The accounts have normal deblt or credit balances. Assume the year ended on September 30, 2015 Accounts Payable Accounts Recelvable Accumulated Depreclation-Equipment Cash Common Stock Depreclation Expense Equlpment Income Tax Expense Interest Revenue Notes Payable (long-term) Notes Payable (short-term) Prepald Rent Rent Expense Retalned Earnings Salaries and Wages Expense Service Revenue Supplles Supplies Expense Travel Expense Unearned Revenue $ 590 290 890 290 190 290 3,190 290 90 190 490 90 390 1,490 2,190 6,170 490 190 2,590 190
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