QS 4-6 Preparing closing entries from the ledger LO P2

The ledger of Mai Company includes the following accounts with normal balances: D. Mai, Capital $10,300; D. Mai, Withdrawals $1,450; Services Revenue $26,000; Wages Expense $14,900; and Rent Expense $4,200.

QS 4-6 Preparing closing entries from the ledger LO P2 The ledger of Mal Company includes the following accounts with normal balances D. Mal, Capital $10,300: D. Mal. Withdrawals 51.450 Services Revenue $26.000, Wages Expense $14,900 and Rent Expense $4,200 Prepare the necessary closing entries from the available information at December 31 01 View transaction list Journal entry worksheet Record the entry to dose revenue accounts Note: Enter debits before credits General Journal Doll Cro Date Dec 31 Record entry Clear entry View general Journal Journal entry worksheet 2 3 > Record the entry to close expense accounts. Note: Enter debits before credits General Journal Debit Credit Date Dec 31 Record entry Clear entry View general journal Journal entry worksheet 1 2 2 > 3 Record the entry to close the income summary account. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry Clear entry View general journal Journal entry worksheet Record the entry to close the withdrawal account. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry Clear entry View general journal