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Make the closing entry ( or entries) necessary to close the following accounts: Salary expense. $18,000 Unearned service revenue. 4,700 Paid-in Capital. 2,000 Cash. 800
Make the closing entry ( or entries) necessary to close the following accounts:
Salary expense. $18,000
Unearned service revenue. 4,700
Paid-in Capital. 2,000
Cash. 800
Service revenue. 20,000
Rent expense. 6,400
Retained earnings (beginning). 1,500
Prepaid rent expense. 3,000
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
15th Edition
978-0840037039, 0840037031
