Using the following partial listing of T accounts, prepare closing entries in general journal form dated April
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Using the following partial listing of T accounts, prepare closing entries in general journal form dated April 30, 20--. Then post the closing entries to the Taccounts.
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Income Supplies Expense Cash 101 Summary 313 524 Bal. 500 Bal. 500 Accounts Golf Instruction Insurance Receivable 122 Fees 401 Expense 535 Bal 100 Bal. 1,500 Bal. 4,000 Postage Expense Wages Payable Bal. 219 Wages Expense 511 536 400 Bal. 800 Bal. 50 Gas and Oil Expense Chris Williams, Advertising Expense Capital 311 512 538 Bal. 150 Bal. 9,000 200 Bal. Miscellaneous Expense Chris Williams, Travel Drawing 312 Expense 515 549 Bal. Bal. 1,000 600 Bal. 80
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Concluded DATE DESCRIPTION Closing Entries 120 Apr 30 ...View the full answer
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