Question: Need help completing #3 and to this question, which asks... Post transactions from August 1 through December 31 and adjusting entries on December 31 to
Need help completing #3 and to this question, which asks... Post transactions from August 1 through December 31 and adjusting entries on December 31 to T-accounts. (Cash, Prepaid Insurance, Prepaid Rent, Supplies (Office), Supplies (Racing), Equipment (Bikes), Equipment (Kayaks), Accumulated Depreciation, Accounts Payable, Unearned Revenue, Interest Payable, Income Tax Payable, Notes Payable, Common Stock, Dividends, Service Revenue (Clinic), Service Revenue (Racing), Advertising Expense, Legal Fees Expense, Miscellaneous Expense, Salaries Expense, Depreciation Expense, Insurance Expense, Rent Expense, Supplies Expense (Office), Supplies Expense (Racing), Interest Expense, and Income Tax Expense. Please include dates! And I also need #7, which is... Post the closing entries of retained earnings to the T-accounts. Please include dates for BOTH #3 and #7, thank you!
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