Sunland Company shows the following balances in selected accounts of its adjusted trial balance. Supplies $35,200...

 

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Sunland Company shows the following balances in selected accounts of its adjusted trial balance. Supplies $35,200 Supplies Expense 6,600 Accounts Receivable : 13,200 Dividends 24,200 Retained Earnings 77,000 Service Revenue 118,800 Salaries and Wages Expense 44,000 Utilities Expense- 8,800 Rent Expense 19,800 Prepare the remaining closing entries at December 31. (List all debit entries before credit entries. If no entry is required, "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Sunland Company shows the following balances in selected accounts of its adjusted trial balance. Supplies $35,200 Supplies Expense 6,600 Accounts Receivable : 13,200 Dividends 24,200 Retained Earnings 77,000 Service Revenue 118,800 Salaries and Wages Expense 44,000 Utilities Expense- 8,800 Rent Expense 19,800 Prepare the remaining closing entries at December 31. (List all debit entries before credit entries. If no entry is required, "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit

Answer rating: 100% (QA)

Answer To close the remaining accounts at December 31 we need to transfer their ... View the full answer