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EA 4 . LO 5.1 The following accounts and normal balances existed at year-end. Make the four journal entries required to close the books: Debit
EA 4. LO 5.1The following accounts and normal balances existed at year-end. Make the four journal entries required to close the books:
Debit | Credit |
Cash | |
Bal. 23300 | |
Revenue Earned | |
Bal. 43000 | |
Commission Expense | |
Bal. 6000 | |
Supplies Expense | |
Bal. 3200 | |
Wages Expense | |
Bal. 28000 | |
Dividends | |
Bal. 4000 | |
Retained Earnings | |
Bal. 21500 |
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