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Appendix 1: Closing Entries From an End-of-Period Spreadsheet Alert Security Services Co. offers security services to business clients. Alert Security Services Co. End-of-Period Spreadsheet For
Appendix 1: Closing Entries From an End-of-Period Spreadsheet
Alert Security Services Co. offers security services to business clients.
Alert Security Services Co. | ||||||||||||||
End-of-Period Spreadsheet | ||||||||||||||
For the Year Ended October 31, 2018 | ||||||||||||||
Adjusted Trial Balance | Income Statement | Balance Sheet | ||||||||||||
Account Title | Dr. | Cr. | Dr. | Cr. | Dr. | Cr. | ||||||||
Cash | 560 | |||||||||||||
Accounts Receivable | 4,110 | |||||||||||||
Supplies | 187 | |||||||||||||
Prepaid Insurance | 140 | |||||||||||||
Land | 4,670 | |||||||||||||
Equipment | 1,868 | |||||||||||||
Accum. Depr. - Equipment | 374 | |||||||||||||
Accounts Payable | 1,681 | |||||||||||||
Wages Payable | 187 | |||||||||||||
Common Stock | 80 | |||||||||||||
Retained Earnings | 8,045 | |||||||||||||
Dividends | 374 | |||||||||||||
Fees Earned | 4,577 | |||||||||||||
Wages Expense | 1,121 | |||||||||||||
Rent Expense | 560 | |||||||||||||
Insurance Expense | 467 | |||||||||||||
Utilities Expense | 327 | |||||||||||||
Supplies Expense | 280 | |||||||||||||
Depreciation Expense - Equip. | 187 | |||||||||||||
Miscellaneous Expense | 93 | |||||||||||||
14,944 | 14,944 | |||||||||||||
Prepare the closing entries for Alert Security Services Co. If an amount box does not require an entry, leave it blank.
Oct. 31 Close revenues | fill in the blank 2 | ||
fill in the blank 4 | |||
Oct. 31 Close expenses | fill in the blank 6 | fill in the blank 7 | |
fill in the blank 9 | fill in the blank 10 | ||
fill in the blank 12 | fill in the blank 13 | ||
fill in the blank 15 | fill in the blank 16 | ||
fill in the blank 18 | fill in the blank 19 | ||
fill in the blank 21 | fill in the blank 22 | ||
fill in the blank 24 | fill in the blank 25 | ||
fill in the blank 27 | fill in the blank 28 | ||
Oct. 31 Close income/loss | fill in the blank 30 | ||
fill in the blank 32 | |||
Oct. 31 Close dividends | fill in the blank 34 | ||
fill in the blank 36 |
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