E4-7 The accountant for MissouriOne.com has posted adjusting entries (a) through (e) to the following selected accounts
Question:
E4-7 The accountant for MissouriOne.com has posted adjusting entries
(a) through
(e) to the following selected accounts at December 31, 20X8. All the revenue. expense, and owner's equity accounts-plus a few of the assets and liabilities-of the entity are listed here in T-account form. SUPPLIES ACCUMULATED DEPRECIATION FURNITURE ACCUMULATED DEPRECIATION-BUILDING 4,000
(b) 2,000 5,000 33,000
(c) 1,100
(d) 6.000 FELIX ROHR, CAPITAL FELIX ROHR, WITHDRAWALS SERVICE REVENUE 700 52,400 61,400 211.000
(a) 9,500 SUPPLIES EXPENSE DEPRECIATION EXPENSE-
(b) 2.000 FURNITURE
(c) 1,100 DEPRECIATION EXPENSE- BUILDING
(d) 6,000 Required 1. Journalize MissouriOne.com's closing entries at December 31, 20X8. 2. Determine Felix Rohr's ending capital balance at December 31, 20X8.
Step by Step Answer:
Accounting
ISBN: 9780130906991
5th Edition
Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones