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Income statement, balance sheet, and closing entries for Grand, Co. Account Debit Credit Cash 188,460 Accounts Receivable 13,500 Supplies 1,455 Prepaid Insurance 3,900 Office Equipment
Income statement, balance sheet, and closing entries for Grand, Co.
Account Debit Credit Cash 188,460 Accounts Receivable 13,500 Supplies 1,455 Prepaid Insurance 3,900 Office Equipment 8,100 Accumulated Depreciation Office Equipment 1,620 Accounts Payable 6,870 Wage Payable 4,875 Unearned Fees 4,770 Trent West, Capital 161,431 Trent West, Drawing 15,750 Fees Earned 150,870 Wage Expense 58,988 Insurance Expense 23,610 Rent Expense 13,500 Supplies Expense 2,363 Depreciation Expense 810 330,436 330,436 Step by Step Solution
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