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Just need some help on this and the parts that follow. I will rate! Many thanks and God bless! S4-11 (similar to) Question Help o
Just need some help on this and the parts that follow.
I will rate!
Many thanks and God bless!
S4-11 (similar to) Question Help o The following balances appear on the books of Sarah Simon Enterprises: Retained Earnings, $24,000; Dividends, 56,600; Income Summary, 50; Service Revenue, $22,600; Salaries Expense, $7,500; Rent Expense $3,000; and Advertising Expense, $3,100. All accounts have normal balances. Read the requirements. Requirement 1. The T-accounts have been set up for you. Insert each account's adjusted balance as given (denote as Adj. Bal.) at December 31. Retained Earnings Service Revenue Dividends Salaries Expense Income Summary Rent Expense Advertising Expense Requirements . 1. The T-accounts have been set up for you. Insert each account's adjusted balance as given (denote as Adj . Bal) at December 31. 2. Post the closing entries to the accounts, denoting posted amounts as Clos. 3. Compute the ending balance of Retained Earnings. Print Done Choose from any list or enter any number in the input fields and then click Check Answer. ? 5 parts remaining Clear All CheckStep by Step Solution
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