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Accounting: need answer to this complex of questions. View Policies Current Attempt in Progress The adjusted trial balance for Sandhill Company is presented below. SANDHILL
Accounting: need answer to this complex of questions.
View Policies Current Attempt in Progress The adjusted trial balance for Sandhill Company is presented below. SANDHILL COMPANY Adjusted Trial Balance August 31, 2021 Account Titles Debit Credit Ca $ 10,200 Accounts receivable 7,100 WWW. Equipment 9.700 Accumulated depreciation-equipment $ 4.800 Accounts payable 3,200 Unearned revenue 1,400 S. Strong, capital 37.000 S. Strong, drawings 10.900 Service revenue 36.800 Rentrevenue 5 400 Depreciation expense 31200 Salaries expense 37 400 Utilities expense 10 100 $ 88,600 $ 88,600 Prepare the closing entries. (Credit account titles anecdomani aliyewended when is required, select "No Entry" for the account tities and to power amoures Question 4 of 4 K -73 Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Aug. 31 (To close revenue accounts) Aug. 31 (To close expense accounts) Aug. 31 (To close income summary) Aug. 31 (To close drawings account) Prepare T accounts for the accounts affected by the closing entries. Post the closing entries. (Post entries entries presented in the previous part.) Income Summary NA S. Strong, Capital S. Strong, Drawings Service Revenue uestion 4 of 4 Service Revenue Rent Revenue Depreciation Expense V Salaries Expense v v Utilities Expense ASUS Prepare a post-closing trial balance at August 31, 2021. (List only those accounts that have an ending balance.) SANDHILL COMPANY Post-Closing Trial Balance Debit Credit $ Total e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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