Question: From the partial worksheet, journalize the closing entries for December 31 for A. Slow Co. (Click the icon to view the completed worksheet.) (Record




From the partial worksheet, journalize the closing entries for December 31 for A. Slow Co. (Click the icon to view the completed worksheet.) (Record debits first, then credits. Exclude explanations from journal entries.) Start by joumalizing the closing entry for revenues. Date Dec. 31 Journal Entry Accounts PR Dr. Cr. 20 Journalize the closing entry for the expense and contra-revenue accounts. Date Dec. 31 Journal Entry Accounts PR PR Dr. Cr. Choose from any list or enter any number in the input fields and then continue to the next question. From the partial worksheet, journalize the closing entries for December 31 for A. Slow Co. (Click the icon to view the completed worksheet.) (Record debits first, then credits. Exclude explanations from journal entries.) Journalize the closing entry for the expense and contra-revenue accounts. Date Dec. 31 Journal Entry Accounts Journalize the closing entry for the Income Summary account. Date Journal Entry Accounts PR Dr. Cr. PR Dr. Cr. Choose from any list or enter any number in the input fields and then continue to the next question. MacBook Journalize the closing entry for the Income Summary account. Date Dec. 31 Journal Entry Accounts HE PR Dr. Cr. Choose from any list or enter any number in the input fields and then continue to the next question. MacBook iData Table and th A. Slow Co. Partial Worksheet For the Year Ended December 31, 2019 Income Statement Balance Sheet Account Titles Cash Merchandise Inventory Prepaid Advertising Dr. Cr. Dr. Cr. 203 575 680 Prepaid Insurance Office Equipment Accum. Dep'n., Office Equip. 360 1,980 360 Accounts Payable 548 A. Slow, Capital 1,366 Sales 7,720 Sales Returns and Allowances 364 Sales Discounts 277 Cost of Goods Sold 3,142 Salaries Expense Insurance Expense 1,576 578 Print Done MacBook Pro - X ad th Data Table Prepaid Insurance Office Equipment Accum. Dep'n., Office Equip. 360 1,980 360 Accounts Payable 548 A. Slow, Capital 1,366 Sales 7,720 Sales Returns and Allowances 364 Sales Discounts 277 Cost of Goods Sold 3,142 Salaries Expense Insurance Expense Utilities Expense 1,576 578 135 Plumbing Expense 88 Advertising Expense 56 Dep'n. Expense, Office Equip. 65 Salaries Payable Net Income 85 6,281 7,720 3,798 2,359 1,439 1,439 7,720 7,720 3,798 3,798 Print Done MacBook Pro X
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