Question: Proper Printers has journalized their adjusting entries and prepared their adjusted trial balance. Using the adjusted trial balance, prepare the closing entries using the income

Proper Printers has journalized their adjusting entries and prepared their adjusted trial balance. Using the adjusted trial balance, prepare the closing entries using the income summary account for the month of June. Proper Printers Adjusted Trial Balance June 30, 2019 Account Title Debit Credit Cash $7,900 Accounts Receivable $3,100 Prepaid Insurance $3,500 Accounts Payable $1,100 Unearned Revenue $2,400 Perry, Capital $7,750 Perry, Withdrawals $1,600 Service Revenue $7,600 Advertising Expense $790 Insurance Expense $840 Rent Expense $1,120 Total $18,850 $18,850 No comma or dollar sign should be included in the input field. opage Date Account Title and Explanation Debit Credit Jun 30 Close revenue accounts Jun 30 . e Close expense accounts Jun 30 e Close Income summary account Jun 30 Close owner's withdrawals
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