Use the following T accounts to prepare the four journal entries required to close the books Debit Accounts Receivable Bal 45,500 Fees Earned Revenue Bal 7,200 Commission Expense Credit Bal 5,500 Supplies Expense Bal 60,000 Bal 42,000 Wages Expense Dividends Bal 3,500 Retained Earnings Bal 51,000...

Journal Entry 1 Debit Fees Earned Revenue 60000 Credit Retained Earnin ...

Use the following T-accounts to prepare the four journal entries required to close the books: Debit Accounts

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Use the following T-accounts to prepare the four journal entries required to close the books:

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Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

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 T-accounts to prepare the four journal entries required to close the books: Debit Accounts

Question:

Debit Accounts Receivable Bal. 45,500 Fees Earned Revenue Bal. 7,200 Commission Expense Credit Bal. 5,500 Supplies Expense Bal. 60,000 Bal. 42,000 Wages Expense Dividends Bal. 3,500 Retained Earnings Bal. 51,000

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Principles Of Accounting Volume 1 Financial Accounting

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