Question: E4-21 (similar to) Question Help i Data Table The adjusted trial balance of Smith Sign Company follows: E: (Click the icon to view the adjusted

 E4-21 (similar to) Question Help i Data Table The adjusted trialbalance of Smith Sign Company follows: E: (Click the icon to view

E4-21 (similar to) Question Help i Data Table The adjusted trial balance of Smith Sign Company follows: E: (Click the icon to view the adjusted trial balance.) Requirements 1. Assume Smith Sign Company has a January 31 year-end. Journalize Smith's closing er 2. How much net income or net loss did Smith Sign Company earn for the year ended Jan Smith Sign Company Adjusted Trial Balance January 31, 2018 Requirement 1. Assume Smith Sign Company has a January 31 year-end. Journalize Sm In the last line of the journal entry table.) First, close revenues. Date Accounts and Explanation Debit Credit Jan. 31 Account Title Cash Office Supplies Prepaid Rent Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Dividends Balance Debit Credit 15,000 1,100 700 52,000 6,300 3,900 500 5,000 4,300 40,300 900 E4-21 (similar to) Question Help Data Table . X The adjusted trial balance of Smith Sign Company follows: .: (Click the icon to view the adjusted trial balance.) Requirements 1. Assume Smith Sign Company has a January 31 year-end. Journalize Smith's closing er 2. How much net income or net loss did Smith Sign Company earn for the year ended Jan 700 52,000 Requirement 1. Assume Smith Sign Company has a January 31 year-end. Journalize Sm In the last line of the journal entry table.) First, close revenues. Accounts and Explanation Debit Credit Date Jan. Prepaid Rent Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense Utilities Expense 6,300 3,900 500 5,000 4,300 40,300 31 900 16,500 4,400 1,500 300 200 700 76,800 $ 76,800 Total

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