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Consider the following selected accounts from the records of East Shore Enterprises at December 31, 2018 EEB (Click the icon to view the selected accounts
Consider the following selected accounts from the records of East Shore Enterprises at December 31, 2018 EEB (Click the icon to view the selected accounts and balances.) Read the requirement. Begin by preparing the closing entries for East Shore Enterprises. Record the entry to close out the revenue accounts. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Data Table Datc Accounts Dcbit Credit (1) Dec 31 Cost of services sold.. Accumulated depreciation Seling, general, and $ 14,700 Service revenue . 41,500 Depreciation expense 31,800 4,400 100 600 700 1,000 Other revenue Next, close out the expense accounts. administrative expenses 6,600 Dividends declared Journal Entry Retained earnings Income tax expense Date Accounts Debit Credit December 31, 2017 2,600 ncome tax payable Choose from any list or enter any number in the input fields and then continue to the next question. PrintDone
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