Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

hello please l need an answer urgently Adjusted Trial Balance Q1. $ 34,000 22,000 2,000 2,960 84,000 Prepare closing entries for KC Antiques at December

hello please l need an answer urgently
image text in transcribed
Adjusted Trial Balance Q1. $ 34,000 22,000 2,000 2,960 84,000 Prepare closing entries for KC Antiques at December 31. Cash Accounts receivable Orice supplies Prepaid insurance Office equipment Accum. depreciation-Office equip. Accounts payable Interest payable Salaries payable Unearned consulting fees Long-term notes payable Logan, Capital Logan, Withdrawals Consulting fees earned Depreciation expense-Office equip... Salaries expense Interest expense Insurance expense Rent expense Office supplies expense Advertising expense Totals $ 20,000 10,000 1.000 7,000 15,000 52.000 40.000 5,000 134.240 6,000 74,000 2.200 5.580 14,500 14,000 13,000 $279.240 $279,240 Click to od notes Da Remars comment 88 72 hp

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamental financial accounting concepts

Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward

8th edition

978-007802536, 9780077648831, 0078025362, 77648838, 978-0078025365

More Books

Students also viewed these Accounting questions

Question

Compose the six common types of social business messages.

Answered: 1 week ago

Question

Describe positive and neutral messages.

Answered: 1 week ago