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(a) Your answer is partially correct.Try again. Prepare the closing entries that were made. (Credit account titles are automatically indented when amount is entered. Do
(a)
Your answer is partially correct.Try again. | |
Prepare the closing entries that were made. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Date | Account Titles and Explanation | Debit | Credit |
June 30 | Supplies Expense | 1,208 | |
Service Revenue | 17,636 | ||
(To close revenue account.) | |||
June 30 | Service Renenue | 17,636 | |
Supplies Expense | 1,208 | ||
Retained | |||
(To close expense account.) | |||
June 30 | |||
(To close net income / (loss).) | |||
June 30 | |||
(To close drawings.) |
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