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EAT. LO 5.1 Use the following T-accounts to prepare the four journal entries required to close the books: EAS. LO 5.1 Use the following T-accounts
EAT. LO 5.1 Use the following T-accounts to prepare the four journal entries required to close the books: EAS. LO 5.1 Use the following T-accounts to prepare the four journal entries required to close the books: EAS. LO 5.2 Identify whether each of the following accounts would be listed in the company's Post-Closing Trial Balance A. Accounts Payable B. Advertising Expense C Dividends D. Fees Earned Revenue E Prepaid Advertising F. Supplies G Supplies Expense H Unearned Fee Revenue EA10. LO 5.2 Identify which of the following accounts would not be listed on the company's Post-Closing Trial Balance EA11. LO 5.3 For each of the following accounts, identity in which section of the classified balance sheet it would be presented: Current assets, property, intangibles, other assets, current liabilities, long-term liabilities, or stockholder's equity. A. Accounts Payable B. Accounts Receivable C Cash D. Equipment E Land F. Notes Payable (due two years later) G. Prepaid Insurance H. Supplies EA10. LO 5.2 Identify which of the following accounts would not be listed on the company's Post-Closing Trial Balance. Prepaid insurance Land Notes pavable Retained earnings Insurance expense Service revenue Supplies Salaries expense $ 9.444 34,000 48.000 31.315 12.689 82.500 9.700 51,500 EA7. LO 5.1 Use the following T-accounts to prepare the four journal entries required to close the books: Debit Credit Bal 75.000 Service Revenue Bal 220.000 Advertising Expense BL 12000 Rent Expense Bal 18,000 Salaries Expense Bol 120,000 Dividends BU 25.000 Retained Earnings 10000 EAS. LO 5.1 Use the following T-accounts to prepare the four journal entries required to close the books: Debit Credit Cash Bal 23300 Revenue Earned Commission Expense Ball 6.000 Supplies Expense Bal 200 Wages Expense Bal 2000 Dividends Bal 4000 Retained Earnings EA9. LO 5.2 Identify whether each of the following accounts would be listed in the company's Post-Closing Trial Balance. A. Accounts Payable B. Advertising Expense C. Dividends D. Fees Earned Revenue E. Prepaid Advertising F. Supplies G. Supplies Expense H. Unearned Fee Revenue EA10. LO 5.2 Identify which of the following accounts would not be listed on the company's Post-Closing Trial Balance. Prepaid insurance Land Notes payable Retained earnings Insurance expense Service revenue Supplies Salaries expense $ 9.444 34,000 48,000 31.315 12.689 82.500 9,700 51.500
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