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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 24,300 28,400 Adj. Bal. Dec. 31 9,700 11,700 Dec. 31 6,100 Dec. 31 2,000 Bal. Dec. 31 2,000 Office Supplies Service Revenue Dec. 31 10,500 Dec 31 10,500 10,500 Adj. Bal. Supplies Expense Bright, Withdrawals Adj. Bal. 200 200 Dec. 31 Adj. Bal. 1,900 1,900 Dec. 31 Accounts Payable 4,700 Dec. 31
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