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Calculate the ending balances to update the t-accounts for the next accounting cycle. Be sure to enter all zero balances on the normal balance side
Calculate the ending balances to update the t-accounts for the next accounting cycle. Be sure to enter all zero balances on the normal balance side and enter balances for permanent accounts! Bright, Capital Income Summary Dec. 31 16,700 39,100 Adj. Bal. Dec. 31 5,300 16,600 Dec. 31 6.400 Dec. 31 11,300 Bal. Dec. 31 11,300 Furniture Service Revenue Dec. 31 13,600 Dec. 31 17,800 17,800 Adj. Bal. Interest Expense Bright Withdrawals 9,800 9,800 Dec. 31 800 800 Dec. 31 Adj. Bal. Adj. Bal. Accounts Payable 78F Clear 100 Interest Expense TEL, Woldwells 800 Dec. 31 Dec. 31 800 9,800 9,800 Adj. Bal. Adj. Bal. Accounts Payable 7,000 Dec. 31
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