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Account Name Debit Credit Dr . Inventory $ 9 , 7 5 0 , 0 0 0 Cr . Accounts Payable $ 9 , 7
Account Name Debit Credit
Dr Inventory $
Cr Accounts Payable $
Dr Cash $
Cr Unearned Rent Revenue $
Dr Accounts Payable $
Cr Cash $
Cr Inventory $
Dr Prepaid Insurance $
Cr Cash $
Dr Inventory $ $ $k shipping
Cr Accounts Payable $
Dr Cash $
Cr Sales Revenue $
Dr Accounts Receivable $
Dr Cost of Goods Sold $
Cr Inventory $
Dr Accounts Payable $
Cr Cash $
Dr Patents $
Cr Cash $
Dr Cash $
Cr Common Stock $
Cr Additional PaidIn Capital $
Dr Land $
Cr Cash $
Dr Notes Receivable $
Cr Cash $
Dr Accounts Receivable $
Cr Sales Revenue $
Dr Cost of Goods Sold $
Cr Inventory $
Dr Equipment $
Cr Cash $
Dr Cash $
Cr Accounts Receivable $
Dr Cash $
Dr Accumulated Depreciation equipment $
Dr Loss on Sale $
Cr Equipment $
Dr Income Tax Expense $
Cr Cash $
Dr Salary and Wages Expense $
Cr Cash $
Dr Bad Debt $
Cr Accounts Receivable $
Dr Cash Dividend $
Cr Cash $
Based on the above journal entries, create closing journal entries please.
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