After the accounts have been adjusted at June 30, the end of the fiscal year, the following

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After the accounts have been adjusted at June 30, the end of the fiscal year, the following balances were taken from the ledger of Classic Landscaping Co.

Journalize the two entries required to close the accounts.

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Corporate Financial Accounting

ISBN: 978-0357510384

16th Edition

Authors: Carl S Warren, Jeff Jones

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Question Posted: Feb 11, 2022 07:50 AM

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After the accounts have been adjusted at June 30, the end of the fiscal year, the following

Question:

Retained Earnings $1,100,000 Dividends 30,000 975,000 Fees Earmed Wages Expense Rent Expense Supplies Expense Miscellaneous Expense 580,000 120,000 31,600 12,400

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June 30 Fees Earned Closing Entries Wage...View the full answer

Corporate Financial Accounting

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