Using the following partial listing of T accounts, prepare closing entries in general journal form dated January
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Using the following partial listing of T accounts, prepare closing entries in general journal form dated January 31, 20--. Then post the closing entries to the Taccounts.
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Accum. Depr.- Del. Equip. Electricity Expense Wages Expense 533 185.1 511 Bal. 1,800 100 Bal. 44 Bal. Wages Advertising Insurance 219 512 535 Payable Expense Expense Bal. 200 Bal. 80 Bal 30 Saburo Goto, Capital Rent Gas and Oil 311 521 538 Expense Expense 4,000 Bal. 500 Bal. 38 Bal. Saburo Goto, Drawing 800 Supplies Depr. Exp.- Del. Equip. Bal. 100 523 312 541 Expense 120 Bal. Bal. Telephone Expense Income Miscellaneous 313 525 549 Summary Expense Bal. Bal. 58 33 Delivery Fees 401 2,200 Bal.
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DATE 20 31 Delivery Fees Jan DESCRIPTION Closing Entries Income Summary 31 Income Summary Wages Expe...View the full answer
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