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Dylex Corporation began operations several years ago. Dylex Corporation's closing entries at September 30, 2014 are shown below. Use this information to prepare a classified
Dylex Corporation began operations several years ago. Dylex Corporation's closing entries at September 30, 2014 are shown below. Use this information to prepare a classified multi-step income statement for the year ending September 30, 2014 Date Page Gj1 F Debit Credit 241,000 266,500 507,500 (select one) Income Statement (select one) 528,500 General Journal Account/Explanation 30/Sep Rent Earned Sales Income Summary Close temporary credit balance accounts 30/Sep Income Summary Advertising Expense Cost Of Goods Sold Depreciation Expense, Office Fixtures Depreciation Expense, Store Furniture Insurance Expense Interest Expense Office Supplies Expense Rent expense, office space Rent expense, selling space Sales Discounts Sales Returns and Allowances Store Supplies Expense Close temporary debit balance accounts 82,500 86,000 7,500 19,500 10.000 15.000 48.500 85,000 64,500 7,000 8,500 94 500 21,000 21,000 30/Sep Retained Earnings Income Summary Close income summary 30/Sep Retained Earnings. Dividends Close dividends 18,000 18,000
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