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can someone please post the full answer , small enough that the cheg app doesnt cut off the answer thanks! 29- (10 points): The adjusted
can someone please post the full answer , small enough that the cheg app doesnt cut off the answer thanks!
29- (10 points): The adjusted trial balance of Carson's Internet Services follows: CARSON'S INTERNET SERVICES Adjusted Trial Balance December 31 Cash $ 1,170 Supplies 1,930 Prepaid insurance 600 Computer equipment 20,600 Accumulated depreciation-Computer equipment $5,400 Accounts payable 325 C. Gaines, Capital 13.925 C. Gaines, Withdrawals 4,800 Services revenue 21,720 Salaries expense 6,920 Depreciation expense 2,000 Rent expense 1,200 Supplies expense 800 Utilities expense Insurance expense 400 Totals $41.370 $41.370 950 (a) Prepare the four closing entries necessary. (b) What is the balance of Carson Gaines' capital account after the closing entries are posted Step by Step Solution
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