Hello I need some helps filling the blanks under the debit and credit lines.
Cash Question Three: 20 marks (5 marks each): Presented below is an adjusted trial balance for Cowell Company, at December 31, 2017. 10,700 Accounts payable 10,000 Accounts receivable 20,000 Notes payable 9,000 Prepaid insurance 15,000 Accumulated depreciation- Equipment 35,000 equipment 14,000 Depreciation expense 7,000 Service revenue 30,000 Dividends 1,500 Retained earnings 12,000 Advertising expense 1,400 Uneared service revenue 11,000 Rent expense Share capital-ordinary 12.000 Salaries and wages expense 5,000 Insurance expense 1,600 98.000 98.000 Instructions: Post the closing entries to the retained earnings account, and determine the ending balance after the closing entries have been posted. Dr Retained Earnings Cr 800 Jan. 1st Jan. 30 Cash Question Three: 20 marks (5 marks each): Presented below is an adjusted trial balance for Cowell Company, at December 31, 2017. 10,700 Accounts payable 10,000 Accounts receivable 20,000 Notes payable 9,000 Prepaid insurance 15,000 Accumulated depreciation- Equipment 35,000 equipment 14,000 Depreciation expense 7,000 Service revenue 30,000 Dividends 1,500 Retained earnings 12,000 Advertising expense 1,400 Uneared service revenue 11,000 Rent expense Share capital-ordinary 12.000 Salaries and wages expense 5,000 Insurance expense 1,600 98.000 98.000 Instructions: Post the closing entries to the retained earnings account, and determine the ending balance after the closing entries have been posted. Dr Retained Earnings Cr 800 Jan. 1st Jan. 30 Cash Question Three: 20 marks (5 marks each): Presented below is an adjusted trial balance for Cowell Company, at December 31, 2017. 10,700 Accounts payable 10,000 Accounts receivable 20,000 Notes payable 9,000 Prepaid insurance 15,000 Accumulated depreciation- Equipment 35,000 equipment 14,000 Depreciation expense 7,000 Service revenue 30,000 Dividends 1,500 Retained earnings 12,000 Advertising expense 1,400 Uneared service revenue 11,000 Rent expense Share capital-ordinary 12.000 Salaries and wages expense 5,000 Insurance expense 1,600 98.000 98.000 Instructions: Post the closing entries to the retained earnings account, and determine the ending balance after the closing entries have been posted. Dr Retained Earnings Cr 800 Jan. 1st Jan. 30 Cash Question Three: 20 marks (5 marks each): Presented below is an adjusted trial balance for Cowell Company, at December 31, 2017. 10,700 Accounts payable 10,000 Accounts receivable 20,000 Notes payable 9,000 Prepaid insurance 15,000 Accumulated depreciation- Equipment 35,000 equipment 14,000 Depreciation expense 7,000 Service revenue 30,000 Dividends 1,500 Retained earnings 12,000 Advertising expense 1,400 Uneared service revenue 11,000 Rent expense Share capital-ordinary 12.000 Salaries and wages expense 5,000 Insurance expense 1,600 98.000 98.000 Instructions: Post the closing entries to the retained earnings account, and determine the ending balance after the closing entries have been posted. Dr Retained Earnings Cr 800 Jan. 1st Jan. 30
