Question: I need help with this question The year-end adjusted trial balance of the Tool and Die Corporation included the following account balances, retained eamings. $265,000,


The year-end adjusted trial balance of the Tool and Die Corporation included the following account balances, retained eamings. $265,000, dividends, $30,000, sales revenue, $880,000, cost of goods sold, $580,000; salaries expense, $155,000, rent expense. $49,000; and interest expense, $24,000 Prepare the necessary closing entries. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal eny worksheet 23 Record the entry to close the revenue accounts using the retained earaings account: Finter Enter debiti before creats. The year-end adjusted trial balance of the Tool and Die Corporation included the following account balances retained eanings. $265,000, dividends, $30,000; sales revenue, $880,000; cost of goods sold, $580,000; salaries expetise. $155,000; rent expense, $49,000, and interest expense, $24,000, Prepare the necessary closing entries, Note: If no entry is required for a transaction/event, select "No joumal entry required" in the first account field. Journal entry worksheet Record the entry to close the expence accounts uning the retaind earnings account. Hoter fintec anbuts betore cethiti. The year-end adjusted trial balance of the Tool and Die Corporation included the following account balances retained earnings. $265,000; dividends, $30,000; sales revenue, $880,000, cost of goods sold, $580,000, salaries expense, $155,000; rent expense: $49,000, and interest expense, $24,000 Prepare the necessary closing entries Note: If no entry is required for a transaction/event, seiect "No joumal entry required" in the first account field. Journal entry worksheet Record the entry to efose the dividends account. Nothi Enter debits before credds
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