Income taxes payable Notes payable, long-term Common stock (4,600 shares outstanding) 13,000 1,896 Additional paid-in capital...

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Income taxes payable Notes payable, long-term Common stock (4,600 shares outstanding) 13,000 1,896 Additional paid-in capital 17,064 Retained earnings 4,200 Service revenue 89,060 Wages expense 16,200 Remaining expenses (not detailed; excludes income tax) 33,220 Income tax expense Totals 136,640 136,640 Data not yet recorded at December 31 included: a. The supplies count on December 31 reflected $230 in remaining supplies on hand to be used in the ne year. b. Insurance expired during the current year, $750. c. Depreciation expense for the current year, $3,300. d. Wages earned by employees not yet paid on December 31, $680. e. Income tax expense, $5,580. for the Year Ended December 31 Cash Debit 47,600 Credit Accounts receivable 10,700 Supplies Prepaid insurance Service trucks Accumulated depreciation Other assets Accounts payable 510 750 17,000 9,200 10,660 2,220 Wages payable Income taxes payable Notes payable, long-term Common stock (4,600 shares outstanding) Additional paid-in capital Retained earnings Service revenue Wages expense Remaining expenses 13,000 1,896 17,064 4,200 89,060 16,200 1 Record closing entry to transfer revenues and expenses to retained earnings. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entor Clear entry View general Journal Income taxes payable Notes payable, long-term Common stock (4,600 shares outstanding) 13,000 1,896 Additional paid-in capital 17,064 Retained earnings 4,200 Service revenue 89,060 Wages expense 16,200 Remaining expenses (not detailed; excludes income tax) 33,220 Income tax expense Totals 136,640 136,640 Data not yet recorded at December 31 included: a. The supplies count on December 31 reflected $230 in remaining supplies on hand to be used in the ne year. b. Insurance expired during the current year, $750. c. Depreciation expense for the current year, $3,300. d. Wages earned by employees not yet paid on December 31, $680. e. Income tax expense, $5,580. for the Year Ended December 31 Cash Debit 47,600 Credit Accounts receivable 10,700 Supplies Prepaid insurance Service trucks Accumulated depreciation Other assets Accounts payable 510 750 17,000 9,200 10,660 2,220 Wages payable Income taxes payable Notes payable, long-term Common stock (4,600 shares outstanding) Additional paid-in capital Retained earnings Service revenue Wages expense Remaining expenses 13,000 1,896 17,064 4,200 89,060 16,200 1 Record closing entry to transfer revenues and expenses to retained earnings. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entor Clear entry View general Journal