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Cash Accounts receivable Prepaid insurance Supplies Equipment Accumulated depreciation-equipment Accounts payable Salaries payable Unearned revenue Retained earnings Dividends Services revenue Rent expense Salaries expense Utilities
Cash Accounts receivable Prepaid insurance Supplies Equipment Accumulated depreciation-equipment Accounts payable Salaries payable Unearned revenue Retained earnings Dividends Services revenue Rent expense Salaries expense Utilities expense Insurance expense Supplies expense Depreciation expense-equipment Totals Unadjusted Trial Balance Debit Credit 1,135 5,200 340 15, 120 3,250 3,100 3,700 505 2,740 6,100 12,380 11,130 Adjustments Debit Credit 460 535 475 310 230 350 475 995 310 230 350 32,350 32,350 2,360 2,360
the following information is available for shelton comoang before closing the accounts. what will be the amount in the income summary account that shoukd be closed to retained earnings?
Multiple Choice $3,980. $9,310. $3,455. $3,825 $2,360 Step by Step Solution
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