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1 Verify Ending Balances Glossary Activity 1.a - Calculate post-closing ending balances Verify all ending balances for each specific account after closing entries are journalized
1Verify Ending Balances
Glossary
Activity 1.a - Calculate post-closing ending balancesVerify all ending balances for each specific account after closing entries are journalized and posted. Be sure to enter all zero balances on the normal balance side and enter balances for permanent accounts!
Please help me find the balance for the few questions below:
Bright, Capital
Dec. 31
20,400
36,000
Adj. Bal.
6,200
Dec. 31
Bal.?
*** What's the balance**** ?
Income Summary
Dec. 31
5,300
19,200
Dec. 31
13,900
Bal.
Dec. 31
13,900
Bal.?
*** What's the balance***?
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