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Can I please get some help with the following assignment that is attached. 12/9/2015 Brief Exercise 46 Print by: Brandon Jackson AB114: Accounting I 1505A03
Can I please get some help with the following assignment that is attached.
12/9/2015 Brief Exercise 46 Print by: Brandon Jackson AB114: Accounting I 1505A03 / 114 Unit 5 Assignment *Brief Exercise 46 The income statement for Weeping Willow Golf Club for the month ending July 31 shows Service Revenue $16,589, Salaries and Wages Expense $7,919, Maintenance and Repairs Expense $1,765, and Net Income $6,905. Prepare the entries to close the revenue and expense accounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit July 31 (To close revenue account.) July 31 (To close expense accounts.) Post the entries to the revenue and expense accounts, and complete the closing process for these accounts using the threecolumn form of account. Service Revenue Date Explanation Ref Debit Credit Balance 7/31 Balance 7/31 Closing entry Salaries and Wages Expense Date Explanation Ref Debit Credit Balance 7/31 Balance 7/31 Closing entry Maintenance and Repairs Expense Date Explanation Ref Debit Credit Balance 7/31 Balance 7/31 Closing entry Question Attempts: 0 of 5 used Copyright 20002015 by John Wiley & Sons, Inc. or related companies. All rights reserved. http://edugen.wiley.com/edugen/shared/assignment/test/qprint.uni 1/1Step by Step Solution
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