Question
BE4.5 (LO 2), AP The ledger of Pitt Company contains the following balances: Owners Capital $30,000, Owners Drawings $2,000, Service Revenue $58,000, Salaries and Wages
BE4.5 (LO 2), AP The ledger of Pitt Company contains the following balances: Owners Capital $30,000, Owners Drawings $2,000, Service Revenue $58,000, Salaries and Wages Expense $39,000, and Supplies Expense $7,000. Enter the balances in T-accounts, post the closing entries, and underline and balance the accounts.
Journalize and post closing entries using the three-column form of account.
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Accounting And Finance An Introduction
Authors: Eddie McLaney, Peter Atrill
10th Edition
1292312262, 978-1292312262
