The following account balances were taken from the adjusted trial balance of Rob's Pet Washing Service...
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The following account balances were taken from the adjusted trial balance of Rob's Pet Washing Service for the year ended 30 June 2021: Account Rob Leigh, Capital Rob Leigh, Drawings Service fees revenue Interest revenue Salaries expense Rent expense Advertising expense Depreciation expense Interest expense S 27,350 18,000 77,265 9,400 42,150 11,240 8,316 9,800 3,900 At the end of the closing process the debit to the Profit or Loss Summary account would be: The following account balances were taken from the adjusted trial balance of Rob's Pet Washing Service for the year ended 30 June 2021: Account Rob Leigh, Capital Rob Leigh, Drawings Service fees revenue Interest revenue Salaries expense Rent expense Advertising expense Depreciation expense Interest expense S 27,350 18,000 77,265 9,400 42,150 11,240 8,316 9,800 3,900 At the end of the closing process the debit to the Profit or Loss Summary account would be:
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Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
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