The year-end adjusted trial balance of Aggies Corporation included the following account balances: Retained Earnings, $215,000;...
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The year-end adjusted trial balance of Aggies Corporation included the following account balances: Retained Earnings, $215,000; Service Revenue, $825,000; Salaries Expense, $375,000; Rent Expense, $135,000; Interest Expense, $70,000; and Dividends, $45,000. Record the necessary closing entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the entry to close revenue accounts. Note: Enter debits before credits. Date December 31 General Journal Debit Credit > The year-end adjusted trial balance of Aggies Corporation included the following account balances: Retained Earnings, $215,000; Service Revenue, $825,000; Salaries Expense, $375,000; Rent Expense, $135,000; Interest Expense, $70,000; and Dividends, $45,000. Record the necessary closing entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the entry to close revenue accounts. Note: Enter debits before credits. Date December 31 General Journal Debit Credit >
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Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
Posted Date:
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