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Culver Company had the following adjusted trial balance. Culver Company Adjusted Trial Balance June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash $3,600
Culver Company had the following adjusted trial balance. Culver Company Adjusted Trial Balance June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash $3,600 Accounts Receivable 3,770 Supplies 480 Accounts Payable Unearned Service Revenue $1,800 120 Common Stock 4,400 Retained Earnings 770 Dividends 800 Service Revenue 5,050 Salaries and Wages Expense 1,500 Miscellaneous Expense 350 Supplies Expense 2,110 Salaries and Wages Payable 470 $12,610 $12,610 Prepare closing entries at June 30, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 30 June 30 (To close revenue account) June 30 (To close expense accounts) June 30 (To close net income/(loss))
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