You identified the following accounts to be closed: Maintenance and Repairs Expense, Salaries and Wages Expense, Depreciation Expense, Supplies Expense, Insurance Expense. Maintenance and Repairs Expense has a debit balance of $260. Salaries and Wages Expense has a debit balance of $2,110. Depreciation Expense has a debit balance of $160. Supplies Expense has a debit balance of $510. Insurance Expense has a debit balance of $130. The total expense to be closed is $3,170.

Date	Account	Debit	Credit
Jul 31

Answer rating: 100% (QA)

To close the identified accounts with their respective debit balances you will need to transfer thes... View the full answer