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nts 1 of 3 Required information [The following information applies to the questions displayed below.] Sye Chase started and operated a small family architectural firm
nts 1 of 3 Required information [The following information applies to the questions displayed below.] Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $20,900 of services on account, and (2) he purchased $4,100 of supplies on account. There were $900 of supplies on hand as of December 31, Year 1. ellook eferences Required a. b. & e. Record the two transactions in the accounts. Record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. Post the entries in the T-accounts and prepare a post-closing trial balance. (Select "a1, a2, or b" for the transactions in the order they take place. Select "cl" for closing entries. If no entry is required for a transaction/event, select "No Journal entry required" in the first account field.) Accounts Receivable Beg. Bal. Supplies Beg. Bal End. Bal. End. Bal. Accounts Payable Retained Earnings Beg. Bal Beg. Bal. 3 Required Information Part 1 of 3 transactions in the order they take place. Select "cl" for closing entries. If no entry is required for a transaction/event, select "No Journal entry required" In the first account field.) Beg. Bal. Dints Beg. Bal. End. Bal. eBook End. Bel. References Accounts Payable Retained Earnings Beg. Bal. Beg. Bal. End. Bal. End. Bal. Service Revenus Supplies Expense Bog. Bal. Beg. Bal End. Bal. End. Bal. ces Journal entry worksheet < 1 2 Record the closure of service revenue. Note: Enter debits before credits. Dato Dec 31 General Journal Debit Credit Accounts payable View general journal Record entry Clear entry ook ences CHASE ARCHITECTURAL SERVICES Post-Closing Trial Balance December 31, Year 1 Account Titles Totals Debit Credit
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