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chrome lifa 1 lyryx.com/quiz-servlets/QuizServlet?cid=11048 Question 3 [15 points] Following is the adjusted trial balance, with accounts listed in alphabetical order for Capital Consultants at December
chrome lifa 1 lyryx.com/quiz-servlets/QuizServlet?cid=11048 Question 3 [15 points] Following is the adjusted trial balance, with accounts listed in alphabetical order for Capital Consultants at December 31, 2014. Use this information to prepare the closing entries Use the numbers below as the description for the corresponding closing entry. 1 Close all temporary credit balance accounts to the income summary account 2. Close all temporary debit balance accounts to the income summary account 3 Close the income summary (net income) to capital 4. Close the income summary (net loss) to capital 5 Close withdrawals to capital Enter the dates in the format dd/mmm (ie 15/Jan) Capital Consultants Adjusted Trial Balance December 31, 2014 Date General Journal Account Explanation Page GJS F Debit Credit Accounts receivable Accumulated depreciation, furniture Capital Cash Commissions earned Delivery expense Depreciation expense furniture Furniture Sales Unearned revenue Withdrawals Totals Debit Credit 9,130 1950 9.940 5 170 8.960 3 360 1860 13 040 4.150 10.080 2.520 35 080 35 080 Question 4 [20 points] O Type here to search ) ENG 5:09 AM
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