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Ine Tollowing adjusted trial balance at December 31 OT Wilson Trucking Company. Account Title Cash Debit $ 8,300 Credit Accounts receivable 17,800 Office supplies
Ine Tollowing adjusted trial balance at December 31 OT Wilson Trucking Company. Account Title Cash Debit $ 8,300 Credit Accounts receivable 17,800 Office supplies Trucks Land 3,300 175,000 Accumulated depreciation-Trucks $ 36,300 88,000 Accounts payable 12,900 Interest payable 4,300 Long-term notes payable 59,500 K. Wilson, Capital 173,000 K. Wilson, Withdrawals 20,300 Trucking revenue Depreciation expense-Trucks Salaries expense Office supplies expense Interest expense Totals 133,000 23,800 61,900 8,300 12,300 $ 419,000 $ 419,000 Prepare the closing entries for the year ended December 31. View transaction list Journal entry worksheet < 1 2 3 4 Prepare the entry to close the revenue account(s). Note: Enter debits before credits,
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
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