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Can comeone solve 4-4a EE 4-3 p. 168 PE 4-3B Classified balance sheet The following accounts appe cate whether each account would be reported in
Can comeone solve 4-4a
EE 4-3 p. 168 PE 4-3B Classified balance sheet The following accounts appe cate whether each account would be reported in the (a) current asset and equipment; (c) current liability; (d) long OBJ. 2 ar in an adjusted trial balance of Kangaroo Consulting. Indi- -term liability; or (e) owner's equity section the December 31, 2018, balance sheet of Kangaroo Consulting 1. Accounts Payable 2. Accounts Receivable 3. Accumulated Depreciation-Building 7. Supplies 4. Cash of 5. Lea Gabel, Capital 6. Note Payable (due in ten years) 8. Wages Payable p. 174 PE 4-4A After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co.: Closing entries OBJ. 3 Kerry Buckner, Capital Kerry Buckner, Drawing Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense $9,556,300 80,000 1,878,400 1,415,500 125,000 30,600 22,100 Journalize the two entries required to close the accounts. PE 4-4B Closing entries After the accounts have been adjusted at April 30, the end of the fiscal year, the follow- ing balances were taken from the ledger of Nuclear Landscaping Co. OBJ. 3Step by Step Solution
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