The ledger of Avril Company includes the following accounts with normal balances: L. Avril, Capital ($6,000;) L.
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The ledger of Avril Company includes the following accounts with normal balances: L. Avril, Capital \($6,000;\) L. Avril, Withdrawals \($400;\) Services Revenue \($10,000;\) Wages Expense \($5,200;\) and Rent Expense \($800.\) Prepare the necessary closing entries at December 31.
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Related Book For 
Fundamental Accounting Principles
ISBN: 9780072946604
17th Edition
Authors: Kermit D. Larson, John J Wild, Barbara Chiappetta
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