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Data Table Stanley Sign Company Adjusted Trial Balance January 31, 2018 credits. Balance Account Title Credit Cash Debit 15,600 1,400 Office Supplies 1,300 45,000 Prepaid

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Data Table Stanley Sign Company Adjusted Trial Balance January 31, 2018 credits. Balance Account Title Credit Cash Debit 15,600 1,400 Office Supplies 1,300 45,000 Prepaid Rent Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Dividends Service Revenue 6,000 4,200 200 4,100 5,400 33,600 700 17,600 Print Done 4,600 Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense 1,000 200 400 900 Utilities Expense Total 71,100 $ 71,100 Requirement 1. Assume Stanley Sign Company has a January 31 year-end. Journalize Stanley's dosing entries at January 31. Record debis first, then credits Select the explanation entry table.) he last line of the journal First, close revenues Date Accounts and Explanation Debit Credit Jan. 31 Next close the expense accounts Debit Credit Date Accounts and Explanation Jan. 31 Choose from any list or enter any number in the input fields and then continue to the next question Next, close the expense accounts. Date Accounts and Explanation Debit Credit Jan. Close the Income Summary account. Date Accounts and Explanation Debit Credit Jan. 31 Finally, close the Dividends account. Date Accounts and Explanation Jan. Requirement 2. How much net income or net loss did Stanley Sign Company earn for the year ended January 31? How can you tell? The company had of $ L by this amount and this was the balance in . We know this because exceeded when it was closed. Requirement 2. How much net income or net loss did Stanley Sign Company earn for the year ended January 31? How can you tell? . We know this because The company had of $ by this amount and this was the balance in exceeded when it was closed. Requirement 2. How much net income or net loss did Stanley Sign Company earn for the year ended January 31? How can you tell? . We know this because of $ ce in exceeded when it was closed The company had by this amount and ti net income Choose from any list a net loss mber in the input fields and then continue to the next question. Requirement 2. How much net income or net loss did Stanley Sign Company earn for the year ended January 31? How can you tell? exceeded The company had of $ . We know this because by this amount and this was the balance in service revenue Choose from any list or enter any number in the input fields and then co total expenses estion. Requirement 2. How much net income or not loss did Stanley Sign Company earn for the year ended January 31? How can you tell? . We know this because The company had of $ by this amount and this was the balance in exceeded when it was closed. service revenue total expenses Choose from any list or enter any number in the input fields and then continue to the next question Requirement 2. How much net income or net loss y earn for the year ended January 31? How can you tell? Dividends Income Summary Service Revenue The company had of $ by this amount and this was the balance in exceeded when it was closed

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