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Exercise 4-20 Selected year-end account balances from the adjusted trial balance as of December 31, 2017, for Flint Corporation is provided below. Debit Credit Accounts
Exercise 4-20 Selected year-end account balances from the adjusted trial balance as of December 31, 2017, for Flint Corporation is provided below. Debit Credit Accounts Receivable 90,020 32.610 16,370 263,870 112,960 Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense $65,720 142,350 28,400 227,910 7,690 4,460 76,630 1,740 Prepare closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Dec. 31 To close revenue account)
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