Accumulated Depreciation: Yes, Balance sheet Buildings: Yes, Balance sheet Depreciation Expense: No, Income statement Equipment: Yes, Balance sheet Fees Earned Revenue: No, income statement Insurance Expense: No, income statement Prepaid Insurance: Yes, Balance sheet Supplies Expense: No, income statement Dividends: No, retained earnings The following selected accounts and normal balances existed at year-end. Notice that expenses exceed revenue in this period. Make the four journal entries required to close the books: Using the following Balance Sheet summary information, calculate for the two companies presented: working capital current ratio

Accumulated Depreciation: Yes, Balance sheet Buidings: Yes, Ballance sheet Depreciation Bxpense: No, Income statement Fquipment: Yes, Balance sheet Fees Earned Revenue: No, income statement insurance Expense: No, income statement Prepaid Insurance: Yes, Balance sheet Supplies Expense: No, income statement Dividends: No, retained earnings - The following selected acoounts and normal balances existed at year-end, Notice that expenses exceed revenue in this period. Make the four journal entries required to close the books: Using the following Balance Sheet summary information, calculate for the two companies presented: working capital curreat ratio 4.EA LO 5.1 The following acceunts and normal balances existed at year-end. Make the four journal entries requited to close the books: 5.EA L0.5.1 The following accounts and normal balances existed at year-end. Make the four journal entries required to close the books: 6. EA 105.1 Use the following excerpts from the year-end Adjusted Trial Balance to prepare the four joumal entries required to close the books: 12.EA LO 5.3 Using the following Balance Sheet summary information, calculate for the two years presented: A. working capital B. current ratio 13. EA LO.5.3 Using the following account balances, calculate for the two years presented: A. working capital B. current ratio Accumulated Depreciation: Yes, Balance sheet Buidings: Yes, Ballance sheet Depreciation Bxpense: No, Income statement Fquipment: Yes, Balance sheet Fees Earned Revenue: No, income statement insurance Expense: No, income statement Prepaid Insurance: Yes, Balance sheet Supplies Expense: No, income statement Dividends: No, retained earnings - The following selected acoounts and normal balances existed at year-end, Notice that expenses exceed revenue in this period. Make the four journal entries required to close the books: Using the following Balance Sheet summary information, calculate for the two companies presented: working capital curreat ratio 4.EA LO 5.1 The following acceunts and normal balances existed at year-end. Make the four journal entries requited to close the books: 5.EA L0.5.1 The following accounts and normal balances existed at year-end. Make the four journal entries required to close the books: 6. EA 105.1 Use the following excerpts from the year-end Adjusted Trial Balance to prepare the four joumal entries required to close the books: 12.EA LO 5.3 Using the following Balance Sheet summary information, calculate for the two years presented: A. working capital B. current ratio 13. EA LO.5.3 Using the following account balances, calculate for the two years presented: A. working capital B. current ratio