Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Based on these information can you please ? 1-Prepare closing entries (and posting) 2- Prepare post-closing trial balance. Fees earned Interest Revenue Total revenues Expenses:
Based on these information can you please ?
1-Prepare closing entries (and posting)
2- Prepare post-closing trial balance.
Fees earned Interest Revenue Total revenues Expenses: Income Statement for the year ended June 30, 2022 $232,200 $517 $232,717 Wage Expense Rent Expense $126,300 $45,000 Utilities Expense $19,700 Supplies Expense $17,900 Deprecitation Expense $6,500 Insurance Expense $5,700 Miscellaneous Expense $5,400 Total expenses $226,500 Net income $6,217
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started