Question: good evening needed help with question 7 please - have not violated any honor code .. it's a question form my assignment please Dashboard X

good evening needed help with question 7 please -

have not violated any honor code .. it's a question form my assignment please

good evening needed help with question 7 please -good evening needed help with question 7 please -good evening needed help with question 7 please -good evening needed help with question 7 please -good evening needed help with question 7 please -good evening needed help with question 7 please -good evening needed help with question 7 please -
Dashboard X WP Chapter 4 Assignment X WP NWP Assessment Player UI Appli X + V X -> A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=5f2d6809-82d8-483f-ae7e-9d56a9f2079c#/question/6 Chapter 4 Assignment Question 7 of 8 1.67 / 5 : (a) Your answer is correct. Prepare the closing journal entries. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Nov. 30 Service Revenue 15500 Income Summary 15500 (To close revenue account.) 30 Income Summary 10000 Salaries Expense 4600 Rent Expense 500 Supplies Expense 3500 Depreciation Expense 300 Income Tax Expense 1100 (To close expense accounts.) 30 Income Summary 5500 Retained Earnings 5500 (To close net income/(loss).) 60.F ENG 11:53 PM Clear Q Search UK 4/15/2023 2Dashboard X WP Chapter 4 Assignment X WP NWP Assessment Player UI Appli X + V X -> A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=5f2d6809-82d8-483f-ae7e-9d56a9f2079c#/question/6 Chapter 4 Assignment Question 7 of 8 1.67 /5 (To close net income/(loss).) 30 Retained Earnings 550 Dividends Declared 550 (To close dividends declared.) e Textbook and Media List of Accounts Attempts: 1 of 5 used (b) Post the closing entries to the T accounts. (CE means closing entry.) (Post entries in the order of journal entries presented in the previous part.) Cash Nov. 1 Bal. 22,480 Nov. 9 2,200 Nov. 13 5,400 Nov. 21 4,600 Nov. 13 1,800 Nov. 23 500 Nov. 19 11,200 Nov. 23 2,400 Nov. 30 1,100 Nov. 28 550 Nov. 30 Bal. 34,730 Accounts Receivable Nov. 1 Bal. 8,520 60.F 11:53 PM Clear Q Search ENG UK 4/15/2023 2Dashboard X WP Chapter 4 Assignment X WP NWP Assessment Player UI Appli X + V X -> A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=5f2d6809-82d8-483f-ae7e-9d56a9f2079c#/question/6 Chapter 4 Assignment Question 7 of 8 1.67 /5 Post the closing entries to the T accounts. (CE means closing entry.) (Post entries in the order of journal entries presented in the previous part.) Cash Nov. 1 Bal. 22,480 Nov. 9 2,200 Nov. 13 5,400 Nov. 21 4,600 Nov. 13 4,800 Nov. 23 500 Nov. 19 11,200 Nov. 23 2,400 Nov. 30 1,100 Nov. 28 550 Nov. 30 Bal. 34,730 Accounts Receivable Nov. 1 Bal. 3,520 Nov. 27 3,500 Nov. 13 4,800 Nov. 30 Bal. 7,220 Supplies Nov. 1 Bal. 4,000 Nov. 20 500 Nov. 30 Bal. 4,500 Nov. 30 Adj. 3,500 Nov. 30 Bal. 1,000 Equipment Nov. 1 Bal. 18,000 Nov. 30 Bal. 18,000 60.F Q Search ENG 11:53 PM Clear UK 4/15/2023 2Dashboard X WP Chapter 4 Assignment X WP NWP Assessment Player UI Appli X + V X -> A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=5f2d6809-82d8-483f-ae7e-9d56a9f2079c#/question/6 Chapter 4 Assignment Question 7 of 8 1.67 /5 Equipment Nov. 1 Bal. 18,000 Nov. 30 Bal. 18,000 Accumulated Depreciation-Equipment Nov. 1 Bal. 3,600 Nov. 30 Adj. 300 Nov. 30 Bal. 3,900 Accounts Payable Nov. 1 Bal. 4,600 Nov. 21 4,600 Nov. 20 500 Nov. 30 Bal. 500 Salaries Payable Nov. 1 Bal. 1,000 Nov. 9 1,00 Nov. 30 Bal. Nov. 30 Adj. 1,000 Nov. 30 Bal. 1,000 Income Tax Payable Nov. 30 Adj. 1,100 Nov. 30 Bal. 1,100 60.F 11:53 PM Clear Q Search ENG UK 4/15/2023 2Dashboard X WP Chapter 4 Assignment X WP NWP Assessment Player UI Appli X + V X -> A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=5f2d6809-82d8-483f-ae7e-9d56a9f2079c#/question/6 Chapter 4 Assignment Question 7 of 8 1.67 /5 1 : Income Tax Payable Nov. 30 Adj. 1,100 Nov. 30 Bal. 1,100 Deferred Revenue Nov. 1 Bal. 1,000 Nov. 30 1,100 Nov. 30 Bal. 2,100 Nov. 30 Adj. 800 Nov. 30 Bal. 1,300 Common Shares Nov. 1 Bal. 9.600 Nov. 13 5,400 Nov. 30 Bal. 15,000 Retained Earnings Nov. 1 Bal. 33,200 Dividends Declared Nov. 28 550 Nov. 30 Bal. 550 60.F ENG 11:53 PM Clear Q Search UK 4/15/2023 2Ask a Question X WP Chapter 4 Assignment X WP NWP Assessment Player UI Applic New Tab X + V X -> C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=7c1547ac-2128-42a0-9759-45850017da50#/question/6 Chapter 4 Assignment Question 7 of 8 1.67 / 5 1 : View Policies Show Attempt History Current Attempt in Progress On November 30, 2021, the Vaughn Equipment Repair Corp.'s adjusted trial balance was as follows. The company closes its books monthly. VAUGHN EQUIPMENT REPAIR CORP. Trial Balance November 30, 2021 After Adjustment Debit Credit Cash $ 34,730 Accounts Receivable 7,220 Supplies 1,000 Equipment 18,000 Accumulated Depreciation - Equipment $ 3,900 Accounts Payable 500 Salaries Payable 1,000 Income Tax Payable 1,100 Deferred Revenue 1,300 Common Shares 15,000 Retained Earnings 33,200 Dividends Declared 550 Service Revenue 15,500 62.F Q Search ENG 12:24 AM Mostly cloudy UK 4/16/2023 2Ask a Question X WP Chapter 4 Assignment X WP NWP Assessment Player UI Appli X New Tab X + V X education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=7c1547ac-2128-42a0-9759-45850017da50#/question/6 Chapter 4 Assignment Question 7 of 8 1.67 /5 : tained Earnings 33,200 Dividends Declared 550 Service Revenue 15,500 Salaries Expense 4,600 Rent Expense 500 Supplies Expense 3,500 Income Tax Expense 1,100 Depreciation Expense 300 Totals $ 71,500 $ 71,500 (a) Your answer is correct. Prepare the closing journal entries. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Nov. 30 Service Revenue 15500 Income Summary 15500 (To close revenue account.) 30 Income Summary 10000 62.F Q Search ENG 12:25 AM Mostly cloudy UK 4/16/2023 2

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