Question
Date Account Title Trial balance Adjustments Adjusted T. Balance Dec. 31,2018 Debit $ Credit $ Debit $ Credit $ Debit $ Credit $ Cash 6,000
Date
Account Title
Trial balance
Adjustments
Adjusted T. Balance
Dec. 31,2018
Debit
$
Credit
$
Debit
$
Credit
$
Debit
$
Credit
$
Cash
6,000
Accounts Receivable
6,300
Office Supplies
1,200
Land
10,000
Building
40,000
Ac.Dep. Building
31,000
Furniture
10000
Ac. Dep. Furniture
6,000
Accounts Payable
2,000
Salaries Payable
500
Unearned Revenue
5,000
Mudge Capital
12,000
Mudge Drawings
25,000
Service Revenue
65,300
Salaries Expense
16,500
Supplies Expense
800
Dep Exp- Building
1,000
Dep. Exp.-Furniture
2,000
Advertising Expense
3,000
Journalize the Closing Entries.
Total
$121,800
$121,800
Date | Account Title | Trial balance | Adjustments | Adjusted T. Balance | |||
Dec. 31,2018 |
| Debit $ | Credit $ | Debit $ | Credit $ | Debit $ | Credit $ |
| Cash | 6,000 |
|
|
|
|
|
| Accounts Receivable | 6,300 |
|
|
|
|
|
| Office Supplies | 1,200 |
|
|
|
|
|
| Land | 10,000 |
|
|
|
|
|
| Building | 40,000 |
|
|
|
|
|
| Ac.Dep. Building |
| 31,000 |
|
|
|
|
| Furniture | 10000 |
|
|
|
|
|
| Ac. Dep. Furniture |
| 6,000 |
|
|
|
|
| Accounts Payable |
| 2,000 |
|
|
|
|
| Salaries Payable |
| 500 |
|
|
|
|
| Unearned Revenue |
| 5,000 |
|
|
|
|
| Mudge Capital |
| 12,000 |
|
|
|
|
| Mudge Drawings | 25,000 |
|
|
|
|
|
| Service Revenue |
| 65,300 |
|
|
|
|
| Salaries Expense | 16,500 |
|
|
|
|
|
| Supplies Expense | 800 |
|
|
|
|
|
| Dep Exp- Building | 1,000 |
|
|
|
|
|
| Dep. Exp.-Furniture | 2,000 |
|
|
|
|
|
| Advertising Expense | 3,000 |
|
|
| Journalize the Closing Entries. |
|
| Total | $121,800 | $121,800 |
|
|
|
|
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