GobiCorp has the following adjusted trial balance on December 31 of the current year. Cash Accounts...

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GobiCorp has the following adjusted trial balance on December 31 of the current year. Cash Accounts Receivable Supplies Equipment Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Internet Service Revenue Maintenance Revenue Debit 180,000 39,000 Edit Format Table 47,000 143,000 25,000 Salary Expense 30,000 Rent Expense 5,000 Supplies Expense 3,000 Tax Expense 7,000 Prepare the necessary closing entries for GobiCorp on December 31. Credit 20,000 60,000 200,000 110,000 65,000 24,000 GobiCorp has the following adjusted trial balance on December 31 of the current year. Cash Accounts Receivable Supplies Equipment Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Internet Service Revenue Maintenance Revenue Debit 180,000 39,000 Edit Format Table 47,000 143,000 25,000 Salary Expense 30,000 Rent Expense 5,000 Supplies Expense 3,000 Tax Expense 7,000 Prepare the necessary closing entries for GobiCorp on December 31. Credit 20,000 60,000 200,000 110,000 65,000 24,000

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Date Closing Entries Particulares 31Dec Interest Service Revenue Pr... View the full answer