Instructions Chart of Accounts General Journal Taccounts Instructions A partial work sheet for the month ended june 30, 20-for Adams' Shoe Shine is shown Adams' Shoe Shine Work Sheet (Partian For Month Ended June 30, 20- INCOME BALANCE SHEET BALANCE SHEET STATEMENT INCOME STATEMENT CREDIT DEBIT CREDIT DEBIT ACCOUNT TITLE 3.262.00 > Oth Accounts Receivable 1,244.00 800.00 640.00 2.100.00 110.00 Supplies Prepaid Insurance Office Equipment Accumulated Depreciation Office Equipment Accounts Payable 10 Wages Payable 11. Mary Adams. Capital Mary Adams, Drawing 11 Service Fees 1.850.00 260.00 6,000.00 2.000.00 4.813.00 14 Wages Expense 1.080.00 eBook 6.000.00 2.000.00 4.813.00 1,080.00 54,00 900.00 Instructions 11 Mary Adams. Capital 12 Mary Adams. Drawing Service Fees Wages Expense 15 Advertising Expense 18 Rent Expense 1. Supplies Expense 11 Phone Expense 19 Utilities Expense 70 Insurance Expense 21 Gas and Oil Expense 22 Deprecation Expense-Office Equipment 21 Miscellaneous Expense 327.00 133.00 102.00 120.00 88.00 110,00 98.00 24 2,987.00 4.813.00 10,046.00 8.220.00 23 Net Income 1.826,00 1.826.00 54.813.00 $4,813.00 $10.046,00 510,046.00 Required: 1. Prepare closing entries 2. Post the closing entries to the accounts Check My Work Instructions Chart of Accounts General Journal Taccounts Chart of Accounts CHART OF ACCOUNTS Adams' Shoe Shine General Ledger ASSETS REVENUE 401 Service Fees 101 Cash 122 Accounts Receivable 141 Supplies 145 Prepaid Insurance 181 Office Equipment 181 1 Accumulated Depreciation Office Equipment LIABILITIES 202 Accounts Payable 219 Wages Payable EXPENSES 511 Wages Expense 512 Advertising Expense 521 Rent Expense 523 Supplies Expense 525 Phone Expense 533 Utilities Expense 535 Insurance Expense 538 Gas and Oil Expense 542 Depreciation Expense-Office Equipment 549 Miscellaneous Expense EQUITY 311 Mary Adams, Capital 312 Mary Adams, Drawing 313 income Summary Instructions Chart of Accounts General Journal Taccounts General Journal Shaded cells have feedback. X All transactions on this page must be entered (except for post ref(s)) before you will receive Check My Work feedback. PAGE 1 Score: 6/209 GENERAL JOURNAL POST REF DEBIT CREDIT DATE ACCOUNT TITLE Closing Entries 2 Service Fees 1 5 5 10 11 11 15 14 13 16 1 Check My Work T accounts Shaded cells have feedback 2. Post the closing entries to the accounts Taccounts Instructions Cash Bal 3,262 Accounts Receivable 2 Bal 1,244 Supplies Bal 800 Prepaid Insurance Bal 640 Office Equipment Bal 2,100 Accumulated Depreciation Office Equipment Bal 110 Accounts Payable Closing Entries (Net Income) Instructions Chart of Accounts General Journal T accounts T accounts Shaded cells have feedback. Accounts Payable Bal 1.850 Wages Payable N Bal 260 Mary Adams, Capital Bal 6,000 Closing Closing Bal Mary Adams, Drawing Bal 2,000 Closing Income Summary Closing Closing Closing Service Fees Bal 4,813 Closing Closing Entries (Net Income) T accounts General Journal Instructions Chart of Accounts Shaded cells have feedback. T accounts Wages Expense Bal 1,080 Closing Advertising Expense Bal 34 Closing Rent Expense Bal 900 Closi Supplies Expense Bal 322 Closing Phone Expense Bal 133 Closing Utilities Expense Closing Entries (Net Income) Instructions T accounts Chart of Accounts General Journal Shaded cells have feedback. T accounts Utilities Expense Bal 102 Closing Insurance Expense Bal 120 Closing Gas and Oil Expense Bal 88 Closing Depreciation Expense Office Equipment Bal 110 Closing Miscellaneous Expense 05 Bal 98 Closing Points: 1719
