Question: Current Attempt in Progress The adjusted trial balance for Sheridan Company is presented below. Prepare the closing entries. (Credit account titles are automatically indented when






Current Attempt in Progress The adjusted trial balance for Sheridan Company is presented below. Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If r is required, select "No Entry" for the account titles and enter Ofor the amounts. List all debit entries before credit entries.) (To close expense accounts) Aug. 31 (To close Income Summary) Aug. 31 (To close Drawings account) eTextbook and Media Prepare T accounts for the accounts affected by the closing entries. Post the closing entries. (Post entries in the order of journal entries presented in the previous part. For balances ending in 0 select "Bal." for the date and 0 for the amount for the normal balance of account and for the Income Summary account, enter the ending balance on the credit side.) S. Miller, Drawings Service Revenue Rent Revenue Depreciation Expense Depreciation Expense Utilities Expense
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