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Complete journal and ledgers The ledger accounts of AXX Internet Company appear as follows on March 31, 2019: ACCOLNT NO. 181 Cash 111 Accounts Receivable
Complete journal and ledgers
The ledger accounts of AXX Internet Company appear as follows on March 31, 2019: ACCOLNT NO. 181 Cash 111 Accounts Receivable 121 Supplies 131 Prepaid Insurance 141 Equipment 142 Accumulated Depreciation Equipment 282 Accounts Payable 381 Aretha Hinkle, Capital 382 Aretha Hinkle, Drawing 481 Fees Income 518 Depreciation Expense-Equipment 511 Insurance Expense 514 Rent Expense 517 Salaries Expense 18 Supplies Expense 519 Telephone Expense 523 Utilities Expense ACCOUNT $ 75,88e 58,328 18,180 24,500 113,e00 48,828 12,586 125,ee0 12,580 368,468 28,668 18,986 32,580 161,e80 5,188 6,380 8,980 All accounts have normal balances. Required: 1. Prepare the cosng entries. 2. Post the transactions In to the approprlate ledger accounts. Hint: Be sure to enter beginning balances. Complete this question by entering your answers in the tabs below. General ournal Ledgers Prepare the closing entries new transaction lst Journal entry worksheet Record the closing entry for revenue. Note: Enter debits before credits. Date Mar 31, 2019 Record entry Clear entry Vew general journal k General Journal Ledgers >Step by Step Solution
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