Question: QS 4-6 Preparing closing entries from the ledger LO P2 The ledger of Mal Company includes the following accounts with normal balances as of December
QS 4-6 Preparing closing entries from the ledger LO P2 The ledger of Mal Company includes the following accounts with normal balances as of December 31: D. Mal, Capital $9.000: D. Mall Withdrawals $800: Services Revenue $13,000; Wages Expense $8.400: and Rent Expense $1.600. Prepare its December 31 closing entries. Answer is not complete. General Journal No Date Credit Debit 13,000 Dec 31 Services revenu Income summary 0 13 000 Dec 31 Income summary 0 0 Wages expense 8.400 Dec 31 Income summary 0 Dec 31 D. Mai, Capital 0
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