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i Data Table Stone Sign Company Adjusted Trial Balance January 31, 2018 Balance Account Title Debit Credit Cash 15,400 Office Supplies 1,500 Prepaid Rent 1,400

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i Data Table Stone Sign Company Adjusted Trial Balance January 31, 2018 Balance Account Title Debit Credit Cash 15,400 Office Supplies 1,500 Prepaid Rent 1,400 Equipment 60,000 Accumulated Depreciation Equipment $ 7,000 Accounts Payable 3,800 Salaries Payable 100 Unearned Revenue 4,200 Notes Payable (long-term) 4,300 Common Stock 48,800 Dividends 800 $ Print Done X Data Table - 1,400 60,000 $ 7,000 3,800 100 Prepaid Rent Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense Utilities Expense 4,200 4,300 48,800 800 17,300 3,700 1,400 400 300 600 $ Total 85,500 $ 85,500 Print Done Requirements 1. Assume Stone Sign Company has a January 31 year-end. Journalize Stone's closing entries at January 31. 2. How much net income or net loss did Stone Sign Company earn for the year ended January 31? How can you tell? Requirement 1. Assume Stone Sign Company has a January 31 year-end. Joumalize Stone's closing entries at January 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) First, close revenues. Accounts and explanation Credit Date Debit Jan 31 Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All Check

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