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lifa1.iyryx.com/quiz-servlets/QuizServlet?ccid=11048 Question 4 [15 points] Following is the adjusted trial balance, with accounts listed in alphabetical order for Bentley Inc at October 31, 2014. Use

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lifa1.iyryx.com/quiz-servlets/QuizServlet?ccid=11048 Question 4 [15 points] Following is the adjusted trial balance, with accounts listed in alphabetical order for Bentley Inc at October 31, 2014. Use this information to prepare the closing entries Use the numbers below as the description for the corresponding closing entry. 1. Close all temporary credit balance accounts to the income summary account 2. Close all temporary debit balance accounts to the income summary account 3. Close the income summary (net income) to retained earnings. 4. Close the income summary (net loss) to retained earnings 5. Close dividends to retained earnings. Enter the dates in the format dd/mmm (ie. 15/Jan). General Journal Account/Explanation Page GJS Debit Credit Date F + Bentley Inc. Adjusted Trial Balance October 31, 2014 Debit Credit Accounts receivable 14,450 Accumulated depreciation, building 2,430 Building 16,910 Cash 5,390 Commissions earned 5,760 Consulting revenue earned 6,080 Depreciation expense, building, 640 Dividends 3,590 Rent earned 5,520 Retained earnings 10,690 Salaries expense 4,770 Salaries payable 4,730 Share capital 10,540 Totals 45,750 45,750 + la ) ENG 10:33 AM 2021-02-20 Type here to search

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