Step: 3b

Journalize and post to ledger Activity 3.b - More Practice Journalizing Closing Entries Using the information from the Adjusted Trial Balance, journalize the closing entries for the end of the month. Date Accounts and explanation Debit Credit SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Balance Debit Credit Account Title Cash 20.300 Accounts Receivable 11.200 Date Accounts and Explanation Debt Cred Office Supplies 200 Prepaid Rent 13500 Furniture 23.700 Accumulated Depreciation Furniture 8100 Accounts Payable 2.700 Salaries Payable 600 Interest Payable 400 Unearned Revenue 6.700 Date Accounts and explanation Debit Notes Payable Crede 9.500 COM act.pearsoncmg.com/activity/9/3/2 21.700 Furniture Accumulated Deprecation Furniture IL100 Accounts Payable 24700 Salanes Payable 000 interest Payable 400 Unearned Revenue 0700 Notes Payable Date Accounts and Explanation 9,500 Debat Credit Common Stock 13,300 Retained in 13500 Dividends 34,600 61.500 Date Accounts and explanation Debit Credit Service levende Depreciation Expense Furniture Interest Expense 2.700 400 Rent Expense 4,000 Salaries Expense 4.700 Supplies Expense 1.000 Total 116,300 116,300 116,300