Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can someone help me woth income statement and closing entries please?!! thank you Drections Chant of AcCounts Journal Entries Adjusting Entries Ledger Praclose income statemunt

can someone help me woth income statement and closing entries please?!! thank you
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Drections Chant of AcCounts Journal Entries Adjusting Entries Ledger Praclose income statemunt Ciosing Entries Ledge Hawk Corporation - Adjusting Entries Hawk Corporation Income Statement For Month Ended, December 31, 2021 Revenues: Computer Services Revenue Expenses: Depr. Exp. - Office Equipment Depr. Exp. - Comp. Equipment Wages Expense Insurance Expense Rent Expense Computer Supplies Expense Advertising Expense Repairs Expense - Computer Total Expenses Net Income \$ 25,659 2,625 \begin{tabular}{r} - \\ 1,940 \\ 805 \\ \hline \end{tabular} \begin{tabular}{lr} & 5,370 \\ \hline$ & 20,289 \\ \hline \end{tabular} Check Figate: 515,794 1 Hawk Corporation 2 Closing Entries 1 4 5 is 7 a 9 10 Acoount Number \& Description Dec.Month31Day Dec 31 Dec 31 Dec. 31 0+ 11 12 13. 14 15 is 17) to 19 20 21 an 23 24 tis as 27 28 24 yo

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting A Managerial Emphasis

Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan

14th Global Edition

978-0273753872, 0273753878

More Books

Students also viewed these Accounting questions