Use the following excerpts from the year end Adjusted Trial Balance to prepare the four journal entries required to close the books Adjusted Trial Balance Debit $ 20,000 Dividends Service Revenue Advertising Expense Rent Expense Utilities Expense Wages Expense 18,000 30,000 6,600 148,000 Credit $22...

Closing Service Revenue to Retained Earnings Debit Retained Earnings for 225000 Credit ...

Use the following excerpts from the year-end Adjusted Trial Balance to prepare the four journal entries required

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Use the following excerpts from the year-end Adjusted Trial Balance to prepare the four journal entries required to close the books:

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Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

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Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

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Question Posted: Aug 11, 2022 02:08 AM

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Use the following excerpts from the year-end Adjusted Trial Balance to prepare the four journal entries required

Question:

Adjusted Trial Balance Debit $ 20,000 Dividends Service Revenue Advertising Expense Rent Expense Utilities Expense Wages Expense 18,000 30,000 6,600 148,000 Credit $225,000

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Closing Service Revenue to Retained Earnings Debit Retained Earnings for 225000 Credit ...View the full answer

Principles Of Accounting Volume 1 Financial Accounting

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