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47. Please prepare closing entries for the following trial balance: Debit Credit Cash $ 831 Accounts receivable 1,049 Inventory 1,562 Prepaid rent 43 Equipment 150
47. Please prepare closing entries for the following trial balance: Debit Credit Cash $ 831 Accounts receivable 1,049 Inventory 1,562 Prepaid rent 43 Equipment 150 Accumulated depreciation equipment Accounts payable Unearned service revenue 61 Common stock 103 Retained earnings 3,305 Service revenue 184 Interest revenue Salaries and wages expense Travel expense Total $3,748 $3.748 41 28 80 47. Please prepare closing entries for the following trial balance: Debit Credit Cash $ 831 Accounts receivable 1,049 Inventory 1,562 Prepaid rent 43 Equipment 150 Accumulated depreciation equipment Accounts payable Unearned service revenue 61 Common stock 103 Retained earnings 3,305 Service revenue 184 Interest revenue Salaries and wages expense Travel expense Total $3,748 $3.748 41 28 80
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