Question: I need help with figuring out how to do closing entries, link: https://docs.google.com/spreadsheets/d/17-0NZWEBptWznTz5dp7htSvulSlCotmR/edit?usp=sharing&ouid=101603405340393817310&rtpof=true&sd=true AutoSave On A $> > v Q ... Comprehensive Ledger Assignment (Empty)

I need help with figuring out how to do closing entries, link: https://docs.google.com/spreadsheets/d/17-0NZWEBptWznTz5dp7htSvulSlCotmR/edit?usp=sharing&ouid=101603405340393817310&rtpof=true&sd=true

https://docs.google.com/spreadsheets/d/17-0NZWEBptWznTz5dp7htSvulSlCotmR/edit?usp=sharing&ouid=101603405340393817310&rtpof=true&sd=true AutoSave On A $> > v Q ... Comprehensive Ledger Assignment

AutoSave On A $> > v Q ... Comprehensive Ledger Assignment (Empty) Q Home Insert w Page Layout Formulas Data Review View Automate ? Tell me Comments Share & Cut Times New Roman 12 AA 27 v ap Wrap Text Custom Normal Bad Good Neutral 2 AutoSum ~ Av [ Copy Fill Paste Format BID : V VAv Merge & Center v $ ~ % " 00 20 Conditional Forma Calculation Check Cell Explanatory T... Input Insert Delete Format Clear v Sort & Find & nalyze Formatting as Table Filter Select Data AS X V fx E G H M 0 Q R S T U V w Z AA AB AC AD Cl) Prepare the appropriate closing entry for 20X2 related to revenues and gains. Account Name Debit Credit 10 C2) Prepare the appropriate closing entry for 20X2 related to expenses and losses. 11 12 Account Name Debit Credit 13 14 15 16 17 18 19 20 22 23 24 C3) Prepare the appropriate closing entry for 20X2 related to dividends 25 26 Account Name Debit Credit 27 29 30 Instructions T-Accounts Q1) Accounting Period Q2) Adjusting Entries Q3) Closing Entries Q4) Worksheets Q5) Income Statement Q6) Shareholders' Equity Q7) Balance Sheet + Ready x Accessibility: Investigate 100%Safari File Edit View History Bookmarks Window Help Q Mon Feb 5 3:29 PM antul Q . . . : docs.google.com + Share Lioness: Hidd. *Homework H.. osu MyOregonSta.. Midterm 1 - R. Online Tutoring Online Accou (3) Accountin.. 4 Home - Goog. Home - Goog. Home - Goog. 4 Comprehensi. Comprehensive Ledger Assignment (Empty) .XLSX * & Find & Analyze Share Select Data File Edit View Insert Format Data Tools Help Q Menus @ a 5 100% - $ % .0 .00 123 Times ... - 12 + B I A1 fx E F G H 1 J K L M N P Q R S T 2 C1) Prepare the appropriate closing entry for 20X2 related to revenues and gains. Account Name Debit Credit 10 C2) Prepare the appropriate closing entry for 20X2 related to expenses and losses. 11 12 Account Name Debit Credit 13 15 B4 X C3) Prepare the appropriate closing entry for 20X2 related to dividends. + Account Name Debit Credit Balanc + E 28 + 100% 29 30 31 32 33 34 + Instructions T-Accounts Q1) Accounting Period Q2) Adjusting Entries Q3) Closing Entries Q4) Worksheets Q5) Income Statement Q6) Shareh Safari File Edit View History Bookmarks Window Help Q Mon Feb 5 3:30 PM antul Q . . . : docs.google.com + Share Lioness: Hidd. *Homework H. osu MyOregonSta.. Midterm 1 - R. Online Tutoring Online Accou (3) Accountin. Home - Goog. Home - Goog. Home - Goog.. 4 Comprehensi.. Find 8 Analyze Comprehensive Ledger Assignment (Empty) .XLSX * & Share Select Data File Edit View Insert Format Data Tools Help Q Menus @ 5 5 100% - $ % .0 .00 123 Times ... - 12 + B I A1 fx B D H Beginning Balances Unadjusted T/B Adjusting Entries Adjusted T/B Closing Entries Post Closing Trial 2 Account Debit redit Debit Credit Debit Credit Debit Credi Debit Credit Debit Cash 74,668 Accounts Receivable 53,311 Supplies 17,985 Inventory 72,205 Prepaid Insurance 2.961 Property, Plant, & Equipment 184,008 Accounts Payable 86,001 10 Utilities Payable 11 Interest Payable 12 Notes Payable 13 Common Stock 33,425 14 Retained Earnings 285,712 15 Dividends B4 16 Sales Revenue 17 Cost of Goods Sold 18 Wage Expense 19 Supplies Expense 20 Utilities Expense X Insurance Expense 22 Depreciation Expense 23 Interest Expense 24 $ 405,138 $ 405,138 25 + 26 Balanc + 27 + 100% 28 29 30 31 32 33 34 + Q4) Worksheets E Instructions T-Accounts Q1) Accounting Period Q2) Adjusting Entries Q3) Closing Entries Q5) Income Statement Q6) SharehSafari File Edit View History Bookmarks Window Help Q 2 Mon Feb 5 3:30 PM antul Q . . . : docs.google.com + Share Lioness: Hidd. *Homework H. osu MyOregonSta.. Midterm 1 - R. Online Tutoring Online Accou (3) Accountin. Home - Goog. Home - Goog. Home - Goog. 4 Comprehensi.. Find 8 Analyze Comprehensive Ledger Assignment (Empty) .XLSX * ) & Share Select Data File Edit View Insert Format Data Tools Help . Menus 2 5 100% - $ % .0 .00 123 Times ... - 12 + B I A1:B1 fx B C D E F G H K L M N P Q R S T Income Statement For the year ended December 31, 20X2 Revenue 8 Total Revenues S 9 Expenses : 10 11 12 13 14 15 B4 16 17 Total Expenses 18 NET INCOME 19 20 X 21 22 23 24 25 + 26 Balanc + + 100% E + E Instructions T-Accounts Q1) Accounting Period Q2) Adjusting Entries Q3) Closing Entries Q4) Worksheets Q5) Income Statement Q6) Shareh Safari File Edit View History Bookmarks Window Help Q 2 Mon Feb 5 3:30 PM antul Q . . . : docs.google.com + Share Lioness: Hidd. *Homework H. osu MyOregonSta. Midterm 1 - R. Online Tutoring Online Accou (3) Accountin. Home - Goog. Home - Goog. Home - Goog. 4 Comprehensi.. Comprehensive Ledger Assignment (Empty) .XLSX * ) & Find 8 Analyze Share Select Data File Edit View Insert Format Data Tools Help . Menus 5 @ @ 5 100% - $ % .0 .00 123 Times ... - 11 + B I A1:D1 fix B D E F G H 1 J K L M N P Q R S Statement of Shareholders' Equity For the year ended December 31, 20X2 Common Stock Retained Earnings Total Owners' Equity 6 Balance, January 1 $ 33,425 $ 285,712 $ 319,137 Issue common stock 8 Net income 9 Dividends 10 Balance, December 31 11 12 13 15 B4 X + Balance + + 100% E + E T-Accounts Q1) Accounting Period * Q2) Adjusting Entries Q3) Closing Entries Q4) Worksheets Q5) Income Statement Q6) Shareholders' Equity Safari File Edit View History Bookmarks Window Help Q Mon Feb 5 3:30 PM antul Q . . . : docs.google.com + Share Lioness: Hidd. *Homework H. osu MyOregonSta.. Midterm 1 - R. Online Tutoring Online Accou (3) Accountin. Home - Goog. Home - Goog.. Home - Goog.. 4 Comprehensi. Find & Analyze Comprehensive Ledger Assignment (Empty) .XLSX * & Share Select Data File Edit View Insert Format Data Tools Help . Menus 5 2 8 5 100% - % .0- .00 123 Times ... - 12 + B I A1:B1 fx Business Entity B C D E F G H I J K L M N P Q R S T Business Entity Balance Sheet As of December 31, 20X2 20X2 ASSETS: Current Assets: 10 11 12 13 Total Current Assets 14 Non-Current Assets: 15 16 TOTAL ASSETS B4 17 18 LIABILITIES: 19 Current Liabilities: 20 X 22 24 25 Total Current Liabilities 26 Non-Current Liabilities: + 28 Total Non-Current Liabilities Balanc + 29 TOTAL LIABILITIES + 100% E 30 31 OWNERS' EQUITY: 34 TOTAL OWNER'S EQUITY 35 36 TOTAL LIABILITIES & OWNER'S EQUITY $ 37 + Accounting Period Q2) Adjusting Entries Q3) Closing Entries Q4) Worksheets Q5) Income Statement Q6) Shareholders' Equity Q7) Balance Sheet -

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