7,000 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Credit 3 Date General Journal Dec. 31 ~ (Click to select) Accounting Fees Accounts Receivable Utilities Expense Joy Ozaki, Withdrawals Miscellaneous Expense Joy Ozaki, Capital Accounts Payable 3 Income Summary TOUR LO SCIOUET II 31 (Click to select) (Click to select) (2) Post the closing entries to the general ledger T accounts provided. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Cash in Bank Joy Ozaki, Withdrawals Dr. Cr. Dr. Cr. + + Accounts Receivable Income Summary Dr. Cr. Cr. Dr. + Dr. Dr. . Cr. + 7,000 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Credit Date General Journal Dec. 31 (Click to select) (Click to select) Accounts Receivable 31 (Joy Ozaki, Withdrawals Accounts Payable Income Summary Joy Ozaki, Capital 31 [ Accounting Fees Miscellaneous Expense Utilities Expense 31 (Click to select) (Click to select) (2) Post the closing entries to the general ledger T accounts provided. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Cash in Bank Joy Ozaki, Withdrawals Dr. Cr. Dr. Cr. Accounts Receivable Income Summary Dr. Cr. Cr. Dr + Dr. Cr. Cr. Dr. + 1,500 7,000 (1) Record the four necessary closing entries on general journal. (Omit the "S" sign in your response.) Debit Date General Journal Dec. 31 (Click to select) (Click to select) Credit 31 (Click to select) Joy Ozaki, Withdrawals Accounts Payable Joy Ozaki, Capital Accounts Receivable 31 Utilities Expense Income Summary Miscellaneous Expense 31 Accounting Fees (2) Post the closing entries to the general ledger T accounts provided. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Cash in Bank Joy Ozaki, Withdrawals Dr. Cr Dr. Cr + + Accounts Receivable Income Summary Dr. Cr Dr. Cr 5 7,000 + 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Credit Date General Journal Dec. 31 (Click to select) (Click to select) 31 (Click to select) (Click to select) Utilities Expense Joy Ozaki, Capital 31 [ Income Summary Miscellaneous Expense Joy Ozaki, Withdrawals 31 [ Accounts Payable Accounts Receivable Accounting Fees II (2) Post the closing entries to the general ledger T accounts provided. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Cash in Bank Joy Ozaki, Withdrawals Dr. Cr Dr. Cr + Accounts Receivable Income Summary Dr. Cr. Dr. Cr + 7,000 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Credit Date General Journal Dec. 31 (Click to select) (Click to select) 31 (Click to select) (Click to select) (Click to select) Joy Ozaki, Withdrawals 31 1 Accounting Fees Income Summary Accounts Payable Joy Ozaki, Capital Miscellaneous Expense Utilities Expense Accounts Receivable (2) Post the closing entries to the general ledger T accounts provided. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) 31 [ Cash in Bank Joy Ozaki, Withdrawals Dr. Cr. Dr. Cr. Accounts Receivable Income Summary Dr. Cr Cr Dr. + Dr. Cr. Cr. + 7,000 Dr. + 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Credit Date General Journal Dec. 31 (Click to select) (Click to select) 31 (Click to select) (Click to select) |(Click to select) Il 31 (Click to select) Accounts Receivable Accounting Fees 31 Joy Ozaki, Capital Income Summary Utilities Expense Accounts Payable Miscellaneous Expense (2) Post the to enter Joy Ozaki, Withdrawals ts provided. (Leave no cells blank - be certain your response.) Cash in Bank Joy Ozaki, Withdrawals Dr. Cr. Dr. Cr. Accounts Receivable Income Summary Dr. Cr Dr Cr + Dr. Dr. Cr. Cr. + 7,000 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Date General Journal Dec. 31 (Click to select) (Click to select) Credit 31 (Click to select) (Click to select) (Click to select) 31 (Click to select) (Click to select) Accounts Receivable 31 (Joy Ozaki, Capital Income Summary Utilities Expense Joy Ozaki, Withdrawals (2) Post the clos Accounts Payable to enter "0" Miscellaneous Expense Accounting Fees LAST I UGEN ts provided. (Leave no cells blank - be certain your response.) vuy vzdki, Withdrawals Dr. Cr. Dr. Cr Accounts Receivable Income Summary Dr. Cr. Dr. Cr. 7,000 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Date General Journal Dec. 31 (Click to select) (Click to select) Credit 31 (Click to select) (Click to select) (Click to select) 31 (Click to select) (Click to select) II 31 ~ (Click to select) Miscellaneous Expense Utilities Expense Accounts Payable (2) Post the Joy Ozaki, Withdrawals to enter Joy Ozaki, Capital Income Summary Accounting Fees Accounts Receivable Dr. Cr. ts provided. (Leave no cells blank - be certain your response.) ki, Withdrawals Dr. Cr. + Accounts Receivable Income Summary Dr. Cr Dr. Cr Dr. Cr. Dr. Cr. + 7,000 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Credit Date General Journal Dec. 31 (Click to select) (Click to select) 31 (Click to select) (Click to select) (Click to select) 31 (Click to select) (Click to select) 11 31 (Click to select) v (Click to select) Joy Ozaki, Capital Utilities Expense (2) Post the clos Accounts Receivable to enter "0" Miscellaneous Expense Joy Ozaki, Withdrawals Accounts Payable Accounting Fees Dr. Income Summary ts provided. (Leave no cells blank - be certain your response.) ki, Withdrawals Cr. Accounts Receivable Income Summary Dr. Cr Dr. Cr Dr. Cr. Dr. Cr. Joy Ozaki, Capital Utilities Expense Dr. Cr. Dr. Cr. (3) Prepare a post-closing trial balance using the two-column form provided. (The items in the Trial Balance should be grouped as follows: Assets in order of their liquidity), Liabilities (in order of their liquidity), Equity, Revenues, and Expenses. Omit the "$" sign in your response.) Ozaki Tax Services Post-Closing Trial Balance December 31, 20- (Click to select) Cash in Bank Computer Equipment Accounts Payable Joy Ozaki, Capital Accounts Receivable Dr. Cr. Dr. Cr. Joy Ozaki, Capital Utilities Expense Dr. Cr. Dr. Cr. (3) Prepare a post-closing trial balance using the two-column form provided. (The items in the Trial Balance should be grouped as follows: Assets (in order of their liquidity), Liabilities (in order of their liquidity), Equity, Revenues, and Expenses. Omit the "$" sign in your response.) Ozaki Tax Services Post-Closing Trial Balance December 31, 20-- (Click to select) (Click to select) Joy Ozaki, Capital Accounts Receivable Computer Equipment Cash in Bank Accounts Payable Dr. Cr. Joy Ozaki, Capital Utilities Expense Dr. Cr. Dr. + Cr. (3) Prepare a post-closing trial balance using the two-column form provided. (The items in the Trial Balance should be grouped as follows: Assets (in order of their liquidity), Liabilities (in order of their liquidity), Equity, Revenues, and Expenses. Omit the "$" sign in your response.) Ozaki Tax Services Post-Closing Trial Balance December 31, 20-- (Click to select) (Click to select) (Click to select) Cash in Bank Accounts Payable Accounts Receivable Joy Ozaki, Capital Computer Equipment Dr. Cr. Dr. Cr. Joy Ozaki, Capital Utilities Expense Dr. Cr. Dr. Cr. (3) Prepare a post-closing trial balance using the two-column form provided. (The items in the Trial Balance should be grouped as follows: Assets (in order of their liquidity), Liabilities (in order of their liquidity), Equity, Revenues, and Expenses. Omit the "$" sign in your response.) Ozaki Tax Services Post-Closing Trial Balance December 31, 20-- (Click to select) (Click to select) (Click to select) (Click to select) Joy Ozaki, Capital Computer Equipment Cash in Bank Accounts Payable Accounts Receivable Dr. Cr. Dr. Cr. Joy Ozaki, Capital Utilities Expense Dr. Cr. Dr. Cr. (3) Prepare a post-closing trial balance using the two-column form provided. (The items in the Trial Balance should be grouped as follows: Assets in order of their liquidity), Liabilities (in order of their liquidity), Equity, Revenues, and Expenses. Omit the "$" sign in your response.) Ozaki Tax Services Post-Closing Trial Balance December 31, 20--- V V (Click to select) (Click to select) (Click to select) (Click to select) v (Click to select) Cash in Bank Joy Ozaki, Capital Accounts Payable Computer Equipment Accounts Receivable The general ledger for Ozaki Tax Services on December 31 of the current year is illustrated below in T- account form. Cash in Bank Joy Ozaki, Withdrawals Cr. Dr. Cr. 4,000 3,000 Accounts Receivable Income Summary Dr. Cr. Dr. Cr. + 500 Computer Equipment Accounting Fees Dr. Cr. Dr. Cr. 15,000 16,000 Accounts Payable Miscellaneous Expense Dr. Cr Dr Or + 4,000 3,000 Joy Ozaki, Capital Utilities Expense Dr. Cr. Cr Dr + 1,500 7,000 (1) Record the four necessary closing entries on general journal. (Omit the "S" sign in your response.) General Journal Date Dec 31 (Click to select) Debit Credit (1) Record the four necessary closing entries on general journal. (Omit the "S" sign in your response.) General Journal Date Dec. 31 Debit Credit (Click to select) (Click to select) v 31 (Click to select) (Click to select) (Click to select) 31 (Click to select) (Click to select) V V 31 (Click to select) (Click to select) (2) Post the closing entries to the general ledger T accounts provided. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Cash in Bank Joy Ozaki, Withdrawals Dr. Cr Dr. Cr. Accounts Receivable Income Summary Dr. Cr Dr Cr. Computer Equipment Accounting Fees (2) Post the closing entries to the general ledger T accounts provided. (Leave no cells blank be certain to enter "0" wherever required. Omit the "$" sign in your response.) Cash in Bank Joy Ozaki, Withdrawals Dr. Cr Dr. Cr. Accounts Receivable Income Summary Dr. Cr. Dr. Cr Computer Equipment Accounting Fees Dr Cr. Dr. Cr Accounts Payable Miscellaneous Expense Dr Cr. Dr. Cr Joy Ozaki, Capital Utilities Expense Dr. Cr Dr Cr Te Word TOT Dr. Cr Dr. + + Joy Ozaki, Capital Utilities Expense Dr. Cri Dr. Cr. (3) Prepare a post-closing trial balance using the two-column form provided. (The items in the Trial Balance should be grouped as follows: Assets (in order of their liquidity), Liabilities (in order of their liquidity), Equity, Revenues, and Expenses. Omit the "$" sign in your response.) Ozaki Tax Services Post-Closing Trial Balance December 31, 20- (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) 7,000 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Credit 3 Date General Journal Dec. 31 ~ (Click to select) Accounting Fees Accounts Receivable Utilities Expense Joy Ozaki, Withdrawals Miscellaneous Expense Joy Ozaki, Capital Accounts Payable 3 Income Summary TOUR LO SCIOUET II 31 (Click to select) (Click to select) (2) Post the closing entries to the general ledger T accounts provided. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Cash in Bank Joy Ozaki, Withdrawals Dr. Cr. Dr. Cr. + + Accounts Receivable Income Summary Dr. Cr. Cr. Dr. + Dr. Dr. . Cr. + 7,000 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Credit Date General Journal Dec. 31 (Click to select) (Click to select) Accounts Receivable 31 (Joy Ozaki, Withdrawals Accounts Payable Income Summary Joy Ozaki, Capital 31 [ Accounting Fees Miscellaneous Expense Utilities Expense 31 (Click to select) (Click to select) (2) Post the closing entries to the general ledger T accounts provided. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Cash in Bank Joy Ozaki, Withdrawals Dr. Cr. Dr. Cr. Accounts Receivable Income Summary Dr. Cr. Cr. Dr + Dr. Cr. Cr. Dr. + 1,500 7,000 (1) Record the four necessary closing entries on general journal. (Omit the "S" sign in your response.) Debit Date General Journal Dec. 31 (Click to select) (Click to select) Credit 31 (Click to select) Joy Ozaki, Withdrawals Accounts Payable Joy Ozaki, Capital Accounts Receivable 31 Utilities Expense Income Summary Miscellaneous Expense 31 Accounting Fees (2) Post the closing entries to the general ledger T accounts provided. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Cash in Bank Joy Ozaki, Withdrawals Dr. Cr Dr. Cr + + Accounts Receivable Income Summary Dr. Cr Dr. Cr 5 7,000 + 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Credit Date General Journal Dec. 31 (Click to select) (Click to select) 31 (Click to select) (Click to select) Utilities Expense Joy Ozaki, Capital 31 [ Income Summary Miscellaneous Expense Joy Ozaki, Withdrawals 31 [ Accounts Payable Accounts Receivable Accounting Fees II (2) Post the closing entries to the general ledger T accounts provided. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Cash in Bank Joy Ozaki, Withdrawals Dr. Cr Dr. Cr + Accounts Receivable Income Summary Dr. Cr. Dr. Cr + 7,000 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Credit Date General Journal Dec. 31 (Click to select) (Click to select) 31 (Click to select) (Click to select) (Click to select) Joy Ozaki, Withdrawals 31 1 Accounting Fees Income Summary Accounts Payable Joy Ozaki, Capital Miscellaneous Expense Utilities Expense Accounts Receivable (2) Post the closing entries to the general ledger T accounts provided. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) 31 [ Cash in Bank Joy Ozaki, Withdrawals Dr. Cr. Dr. Cr. Accounts Receivable Income Summary Dr. Cr Cr Dr. + Dr. Cr. Cr. + 7,000 Dr. + 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Credit Date General Journal Dec. 31 (Click to select) (Click to select) 31 (Click to select) (Click to select) |(Click to select) Il 31 (Click to select) Accounts Receivable Accounting Fees 31 Joy Ozaki, Capital Income Summary Utilities Expense Accounts Payable Miscellaneous Expense (2) Post the to enter Joy Ozaki, Withdrawals ts provided. (Leave no cells blank - be certain your response.) Cash in Bank Joy Ozaki, Withdrawals Dr. Cr. Dr. Cr. Accounts Receivable Income Summary Dr. Cr Dr Cr + Dr. Dr. Cr. Cr. + 7,000 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Date General Journal Dec. 31 (Click to select) (Click to select) Credit 31 (Click to select) (Click to select) (Click to select) 31 (Click to select) (Click to select) Accounts Receivable 31 (Joy Ozaki, Capital Income Summary Utilities Expense Joy Ozaki, Withdrawals (2) Post the clos Accounts Payable to enter "0" Miscellaneous Expense Accounting Fees LAST I UGEN ts provided. (Leave no cells blank - be certain your response.) vuy vzdki, Withdrawals Dr. Cr. Dr. Cr Accounts Receivable Income Summary Dr. Cr. Dr. Cr. 7,000 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Date General Journal Dec. 31 (Click to select) (Click to select) Credit 31 (Click to select) (Click to select) (Click to select) 31 (Click to select) (Click to select) II 31 ~ (Click to select) Miscellaneous Expense Utilities Expense Accounts Payable (2) Post the Joy Ozaki, Withdrawals to enter Joy Ozaki, Capital Income Summary Accounting Fees Accounts Receivable Dr. Cr. ts provided. (Leave no cells blank - be certain your response.) ki, Withdrawals Dr. Cr. + Accounts Receivable Income Summary Dr. Cr Dr. Cr Dr. Cr. Dr. Cr. + 7,000 1,500 (1) Record the four necessary closing entries on general journal. (Omit the "$" sign in your response.) Debit Credit Date General Journal Dec. 31 (Click to select) (Click to select) 31 (Click to select) (Click to select) (Click to select) 31 (Click to select) (Click to select) 11 31 (Click to select) v (Click to select) Joy Ozaki, Capital Utilities Expense (2) Post the clos Accounts Receivable to enter "0" Miscellaneous Expense Joy Ozaki, Withdrawals Accounts Payable Accounting Fees Dr. Income Summary ts provided. (Leave no cells blank - be certain your response.) ki, Withdrawals Cr. Accounts Receivable Income Summary Dr. Cr Dr. Cr Dr. Cr. Dr. Cr. Joy Ozaki, Capital Utilities Expense Dr. Cr. Dr. Cr. (3) Prepare a post-closing trial balance using the two-column form provided. (The items in the Trial Balance should be grouped as follows: Assets in order of their liquidity), Liabilities (in order of their liquidity), Equity, Revenues, and Expenses. Omit the "$" sign in your response.) Ozaki Tax Services Post-Closing Trial Balance December 31, 20- (Click to select) Cash in Bank Computer Equipment Accounts Payable Joy Ozaki, Capital Accounts Receivable Dr. Cr. Dr. Cr. Joy Ozaki, Capital Utilities Expense Dr. Cr. Dr. Cr. (3) Prepare a post-closing trial balance using the two-column form provided. (The items in the Trial Balance should be grouped as follows: Assets (in order of their liquidity), Liabilities (in order of their liquidity), Equity, Revenues, and Expenses. Omit the "$" sign in your response.) Ozaki Tax Services Post-Closing Trial Balance December 31, 20-- (Click to select) (Click to select) Joy Ozaki, Capital Accounts Receivable Computer Equipment Cash in Bank Accounts Payable Dr. Cr. Joy Ozaki, Capital Utilities Expense Dr. Cr. Dr. + Cr. (3) Prepare a post-closing trial balance using the two-column form provided. (The items in the Trial Balance should be grouped as follows: Assets (in order of their liquidity), Liabilities (in order of their liquidity), Equity, Revenues, and Expenses. Omit the "$" sign in your response.) Ozaki Tax Services Post-Closing Trial Balance December 31, 20-- (Click to select) (Click to select) (Click to select) Cash in Bank Accounts Payable Accounts Receivable Joy Ozaki, Capital Computer Equipment Dr. Cr. Dr. Cr. Joy Ozaki, Capital Utilities Expense Dr. Cr. Dr. Cr. (3) Prepare a post-closing trial balance using the two-column form provided. (The items in the Trial Balance should be grouped as follows: Assets (in order of their liquidity), Liabilities (in order of their liquidity), Equity, Revenues, and Expenses. Omit the "$" sign in your response.) Ozaki Tax Services Post-Closing Trial Balance December 31, 20-- (Click to select) (Click to select) (Click to select) (Click to select) Joy Ozaki, Capital Computer Equipment Cash in Bank Accounts Payable Accounts Receivable Dr. Cr. Dr. Cr. Joy Ozaki, Capital Utilities Expense Dr. Cr. Dr. Cr. (3) Prepare a post-closing trial balance using the two-column form provided. (The items in the Trial Balance should be grouped as follows: Assets in order of their liquidity), Liabilities (in order of their liquidity), Equity, Revenues, and Expenses. Omit the "$" sign in your response.) Ozaki Tax Services Post-Closing Trial Balance December 31, 20--- V V (Click to select) (Click to select) (Click to select) (Click to select) v (Click to select) Cash in Bank Joy Ozaki, Capital Accounts Payable Computer Equipment Accounts Receivable The general ledger for Ozaki Tax Services on December 31 of the current year is illustrated below in T- account form. Cash in Bank Joy Ozaki, Withdrawals Cr. Dr. Cr. 4,000 3,000 Accounts Receivable Income Summary Dr. Cr. Dr. Cr. + 500 Computer Equipment Accounting Fees Dr. Cr. Dr. Cr. 15,000 16,000 Accounts Payable Miscellaneous Expense Dr. Cr Dr Or + 4,000 3,000 Joy Ozaki, Capital Utilities Expense Dr. Cr. Cr Dr + 1,500 7,000 (1) Record the four necessary closing entries on general journal. (Omit the "S" sign in your response.) General Journal Date Dec 31 (Click to select) Debit Credit (1) Record the four necessary closing entries on general journal. (Omit the "S" sign in your response.) General Journal Date Dec. 31 Debit Credit (Click to select) (Click to select) v 31 (Click to select) (Click to select) (Click to select) 31 (Click to select) (Click to select) V V 31 (Click to select) (Click to select) (2) Post the closing entries to the general ledger T accounts provided. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Cash in Bank Joy Ozaki, Withdrawals Dr. Cr Dr. Cr. Accounts Receivable Income Summary Dr. Cr Dr Cr. Computer Equipment Accounting Fees (2) Post the closing entries to the general ledger T accounts provided. (Leave no cells blank be certain to enter "0" wherever required. Omit the "$" sign in your response.) Cash in Bank Joy Ozaki, Withdrawals Dr. Cr Dr. Cr. Accounts Receivable Income Summary Dr. Cr. Dr. Cr Computer Equipment Accounting Fees Dr Cr. Dr. Cr Accounts Payable Miscellaneous Expense Dr Cr. Dr. Cr Joy Ozaki, Capital Utilities Expense Dr. Cr Dr Cr Te Word TOT Dr. Cr Dr. + + Joy Ozaki, Capital Utilities Expense Dr. Cri Dr. Cr. (3) Prepare a post-closing trial balance using the two-column form provided. (The items in the Trial Balance should be grouped as follows: Assets (in order of their liquidity), Liabilities (in order of their liquidity), Equity, Revenues, and Expenses. Omit the "$" sign in your response.) Ozaki Tax Services Post-Closing Trial Balance December 31, 20- (Click to select) (Click to select) (Click to select) (Click to select) (Click to select)
