6-6

Use the following partial listing of T accounts to do exercise.

1.Prepare closing entries dated January 31, 20--. Do not enter in the posting references until you have completed part 2. If an amount box does not require an entry, leave it blank.

2.Post the closing entries to the T accounts following the top-down journal entry order. If there is more than one closing entry for an account, enter in the order given in the journal above. Then, complete the posting in part 1.

EG - GA ( 1.02 ) V Capital 1 / 31:52 , 59) CLOSING ENTRIES ( NET LOSS ) Using the following partial listing of I accounts , prepare closing entries in general journal form dated January 31 , 20 - _. Then post the closing entries to the I accounts . SHOW Accum . Dept . - Wages ME HOW Del . Equip . 185. 1 Expense Electricity 571 Expense 533 Bal . 100 Bal . 1 , 800 44 Wages Advertising Insurance Payable 219 Expense 512 Expense 535 Bal . 200 Bal . 80 Bal 30 Saburo Goto , Rent Gas and Oil LLE Capital Expense 521 Expense 538 Bal . 4 , 000 Bal . 500 Bal . 38 Saburo Goto , Supplies Dept . EXP. -- Drawing 312 Expense 523 Del. Equip . 541 800 Bal . 120 Bal . 100 Income Phone Miscellaneous Summary 373 Expense 525 Expense 549 Bal. 58 Bal . 33 Delivery Fees 407 Bal . 2 , 200 SERIES A PROBLEMS . ............... . ... ....... . . .................................. .......... .......... . . .. ........................................`E 6-6B (LO2) CLOSING ENTRIES (NET LOSS) Using the following partial listing of T accounts, / Capital 6/30: $3,826 prepare closing entries in general journal form dated June 30, 20--. Then post the clos- ing entries to the T accounts. Accum. Depr.- Wages Utilities SHOW Office Equip. 181.1 Expense 511 Expense 533 ME HOW Bal. 110 Bal. 1,080 Bal. 102 Wages Advertising Insurance Payal 219 Expense 512 Expense 535 Bal. 260 Bal. 34 Bal. 120 Raquel Zapata, Rent Capital 311 Expense 521 Gas and Oil 538 Bal. 6,000 Expense Bal. 900 Bal. 88 Raquel Zapata, Drawing 312 Supplies Expense 523 Depr. Exp.- Bal. 2,000 Bal. 322 Office Equip. 541 Bal. 110 Income Summary 313 Phone Expense 525 Miscellaneous Bal. 133 Expense 549 Bal. 98 Referral Fees 401 Bal. 2,813