The ledger of Rowen Company contains the following balances: Common Stock $30,000: Dividends $2,000: Service Revenue $50,000;

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The ledger of Rowen Company contains the following balances: Common Stock $30,000:

Dividends $2,000: Service Revenue $50,000; Salaries Expense $23,000; and Supplies Expense

$4,000. Prepare the closing entries at December 31.

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Financial Accounting Text Only

ISBN: 9780006575405

5th Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel

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