Closing Entries - Responsible Company The balances as of December 31, 2024 (after adjustments have been...
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Closing Entries - Responsible Company The balances as of December 31, 2024 (after adjustments have been made) for Responsible Company are listed below. 1. Record the closing entries needed for Responsible Company. Type your answer in journal form. Omit explanations. 2. Indicate the ending balance of Retained Earnings on December 31, 2024. Show the calculation. 1. Record the closing entries needed for Responsible Company. Type answer in journal form. Omit explanations. 2. Indicate the ending balance of Retained Earnings on December 31 Show the calculation. BIUS I SIE x Insert Formula Cash 4,000 Accounts Receivable 5,000 Wages Expenes 8,000 Service Revenue 35,000 Accounts Payable 6,000 Common Stock 71,000 Dividends 1,000 Advertising Expense 21,000 Retained Earnings, January 1, 2024 50,000 Building 300,000 Depreciation Expense, Building 9,000 Accumulated Depreciatio. Building Closing Entries - Responsible Company The balances as of December 31, 2024 (after adjustments have been made) for Responsible Company are listed below. 1. Record the closing entries needed for Responsible Company. Type your answer in journal form. Omit explanations. 2. Indicate the ending balance of Retained Earnings on December 31, 2024. Show the calculation. 1. Record the closing entries needed for Responsible Company. Type answer in journal form. Omit explanations. 2. Indicate the ending balance of Retained Earnings on December 31 Show the calculation. BIUS I SIE x Insert Formula Cash 4,000 Accounts Receivable 5,000 Wages Expenes 8,000 Service Revenue 35,000 Accounts Payable 6,000 Common Stock 71,000 Dividends 1,000 Advertising Expense 21,000 Retained Earnings, January 1, 2024 50,000 Building 300,000 Depreciation Expense, Building 9,000 Accumulated Depreciatio. Building
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