PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Retained Earnings Date Accounts Debit Credit Account No. 315 Date Rel. Explanation Debit Dec 31 Credit 28930 Service Revenue Balance Retained Emines 28,300 Bet Balance 1 2.700 0 Beginning Balance Entry Beginning Balance Entry Beginning Bilance Entry 1 6365 0 Date Accounts Debit Credit Det 1 23.500 Dec 30 Retained Earnings 6.365 Salaries Experte 3.300 Dividends Depreciation Expense Furniture 300 Account No. 320 Date Explanation Ref. Deb Credit Balance Insurance Ber Balance 0 uute pense 200 Dec. 30 Paid ca dividends 2,700 0 5.900 Cose werd 0 Supplies Expense 180 PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Debit Credit Service Revenue Account No. 410 Dec 31 Retained Earni 6365 Date Explanation Ref. Debit Credit Balance 3.300 Beg Balance 0 Depreciation Dense Furniture Performed services for 11 1100 Insurance Expense Dec 15 Performed services on account 11 4,100 0 Uttes pense 260 Dec 20 Performed services for cash 11 19 300 Rent pense 1.900 Dec 28 Performed services count 11 900 0 Supples pense 180 Dec 31 Adjusting Entry 200 Dec 31 Adjusting Entry 11 1.300 O Date Accounts Debit Credit che Dec 31 2.700 Dividends 2.700 Depreciation Expense - Furniture Account No. 510 PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Debit Credit Depreciation Expense. Furniture Dec 31 Retained lang Account No. 510 Date Explanation Ref Debit Credit Balance 1100 Sales Expense Depreciation Expense- Future Bee B 0 300 Dec 31 Adjusting Entry 11 100 414 11 Utiltes Expense 260 1.500 Insurance Expense 130 Account No. 520 Date Explanation Debit Credit Balance 0 Date Accounts Debit Credit Dec 31 Adjusting Entry 425 Dec 11 2,700 11 Dividende 2.700 Rent Expense PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Debit Credit Rent Expense Account No. 540 Butaned Cars 165 Date Explanation Ret Debit Credit Balance 3.100 Beg bulance 100 Depreciation Expert Furniture Insurance Expense Dec 28 900 Paid December Rent 425 Cascade JI Ultes Expert 700 Rent Expense 1.900 Salaries Expense 183 Account No. 545 Suppies Expense Date Explanation Ref. Debit Credit Balance D Date Accounts Debit Credit Dec 7,100 0 Paldies Det and famine Adjusting Entry JU 2200 0 Dividendi 2.700 0 11 Post the closing entries to the general ledger in RED order and calculate ending balances for each account . For accounts that have a zero balance, enter the zero on the normal balance side. Close bones Date Accounts Debit Credit Dec 31 Supplies Expense 6.365 Retired Earn Account No. 550 Bwance Date Explanation Ref. Debit Credit 350 Beg Balance O Depreciation Expense Furniture Insurance Expense 435 Dec 31 180 J Adjustinery US Expense Rent perse 1.900 Supphes Expense 100 Utilities Expense Account No. 555 Balance Date Explanation Ref. Debat Credit Date Accounts Debit Credit Dec 31 Dec 27 11 Retained 200 Paid it bon account Dividends 2,700 Der Closet PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Retained Earnings Date Accounts Debit Credit Account No. 315 Balance Date Explanation Ret Debit Credit Service Revenue Beg Bence Related Tags Beigenty Being Boweny Beginning Balance 11 Date Accounts Debit Credit Dividends Salaries Depreciation Depende Furniture Insurance Expense Account No. 320 Balance Date Explanation Ref. Debit Credit 425 Bax Balance 250 Paid cash dividens J! 2,700 Rent 1900 . 0 Supplies Expanse PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Service Revenue Debit Credit 6.365 Dec.31 Retained Gaming Account No. 410 Balance Date Ref. Debit Credit 3300 Explanation Be. Balare Performed services for cash o 300 Deprecatione Purniture wrance Expense Dec 12 2100 0 Dec. 15 Performed services on account Performed services for cash Dec. 20 11 19.300 D Rent Experte Dec. 28 Performed services on account . Supples Expense Dec 31 11 Dec. 31 Adjusting Entry 1,500 Date Accounts Debit Credit D Dec 31 Retained in 2.700 2,700 Depreciation Expense. Furniture Account No. 510 Date Explanation Ref. Debit Credit Balance PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Debit Credit Depreciation Expense - Furniture Dec.31 Retained Earnings Account No. 510 Balance Date Explanation Ret Debit Credit Depreciation De Bee 300 Dec. 31 Adjusting Entry 11 300 425 1 Utilities Expense 260 Rent Experte 1900 Insurance Expense Supples Expense Account No. 520 Balance Date Explanation Ret Debit Credit Be Balance Date Accounts Debit Credit Dec 31 11 Det 2.700 0 Divende 2.700 PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Debit Credit Rent Expense Account No. 540 Balance Date Explanation Ref. Debit Credit 3.300 Der Reinering Salaries Expense Depreciation Experte Furniture Insurance Expense De ce Dec 11 435 Pod December one Choose 11 260 Bent Expense 1900 Salaries Expense Supplies Expense Account No. 545 Balance Date Explanation Ret Debit Credit Beg Balance Date Accounts Debit Credit Dec 18 Pald Salaries J! 1100 Dec 1 De 1 Didende 2.700 11 . 0 PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Debit Credit 6.365 Dec. 31 Recained Emines Supplies Expense 3300 Account No. 550 Balance Date Explanation Ret Debit Credit Depreciation Experte 300 Bee Bee o 135 Dec Adjusting 11 180 0 Expense 260 10 900 Supplies sense 180 Utilities Expense Account No. 555 Date Explanation Ret Debit Credit Balance Date Accounts Debit Credit Be Blane Det 2.700 DEC 22 Paldybt on account 31 Dividends 2.700 0 PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Retained Earnings Date Accounts Debt Credit Account No. 315 Balance Dec 31 Date Service Revenue Explanation Debit 26,900 Ref. Credit Reading 25.900 Begance De V 2,700 Dec 1 Begening Barcely Beginning Balance Entry Begiving Balance Entry Date Accounts Debit Credit De 1 1 26,900 Dec 1 Pendring 3.300 Dividends Salaries per Depreciation Baper Pure Insurance Depende 300 Account No. 320 Balance Date Explanation Ret Debit Credit 425 Beg Balance 0 Uspense 260 Dec 30 Pald cash dividends 2.700 1.500 Dec 31 Close Didends 1 Supplies Expanse 100 Date Accounts Debit Credit Dec. 31 Service Revenue 28,900 Retained Earnings 28,900 Date Accounts Debit Credit Dec. 31 Retained Earnings 6,365 Salaries Expense 3,300 Depreciation Expense- Furniture 300 Insurance Expense 425 Utilities Expense 260 Rent Expense 1,900 Supplies Expense 180 Date Accounts Debit Credit Dec. 31 Retained Earnings 6,365 3,300 Salaries Expense Depreciation Expense- Furniture 300 Insurance Expense 425 Utilities Expense 260 Rent Expense 1,900 Supplies Expense 180 Date Accounts Debit Credit Dec. 31 Retained Earnings 2,700 Dividends 2,700 Retained Earnings Account No. 315 Balance Date Explanation Ref. Debit Credit Beg. Balance 0 Dec. 31 Beginning Balance Entry J1 2,700 0 Dec. 31 J1 6,365 0 Beginning Balance Entry Beginning Balance Entry Dec. 31 J1 28,900 0 Dividends Account No. 320 Balance Date Explanation Ref. Debit Credit Beg, Balance 0 Dec. 30 Paid cash dividends J1 2,700 0 Dec 31 Close Dividends J1 0 0 Service Revenue Account No. 410 Balance Date Explanation Ref. Debit Credit Beg. Balance 0 Dec. 12 Performed services for cash J1 3,100 0 Dec. 15 Performed services on account J1 4,100 0 Dec. 20 Performed services for cash J1 19,300 0 Dec. 28 Performed services on account J1 900 Dec. 31 Adjusting Entry J1 200 0 Dec. 31 Adjusting Entry J1 1,300 0 Dec 31 Close Revenues J1 0 0 Depreciation Expense - Furniture Account No. 510 Balance Date Explanation Ref. Debit Credit 0 Beg. Balance Adjusting Entry J1 300 Dec. 31 0 Dec. 31 Close Expenses J1 0 0 Insurance Expense Account No. 520 Balance Date Explanation Ref. Debit Credit Beg. Balance 0 Dec. 31 Adjusting Entry J1 425 Dec 31 Close Expenses J1 0 Rent Expense Account No. 540 Date Explanation Ref. Debit Credit Balance Beg. Balance 0 Dec. 28 Paid December Rent J1 1,900 Dec. 31 Close Expenses J1 0 0 Salaries Expense Account No. 545 Date Explanation Ref. Debit Credit Balance Beg. Balance 0 Dec. 18 Paid Salaries J1 1,100 Dec. 31 Adjusting Entry J1 2,200 0 Dec 31 Close Expenses J1 0 0 Supplies Expense Account No. 550 Balance Date Explanation Ref. Debit Credit Beg. Balance 0 Dec. 31 Adjusting Entry J1 180 0 Dec. 31 Close Expenses J1 0 0 Utilities Expense Account No. 555 Balance Date Explanation Ref. Debit Credit Beg. Balance Dec. 27 Paid utility bill on account J1 260 0 Dec 31 Close Expenses J1 0 0 Ose All Accounts eral ledger in RED order and calculate ending balances for each zero balance, enter the zero on the normal balance side. Retained Earnings Account No. 315 Balance Date Explanation Ref. Debit Credit 0 Dec 31 2,700 Adjusting Entry Beginning Balance Entry Close Dividends Close Expenses Close Revenues Beginning Balance Entry J1 6,365 0 Dec 31 J1 0 Dec 31 28.900 Dividends Account No. 320 Explanation Ref. Debit Date Credit Balance 0 Beg. Balance 0 Dec. 30 Paid cash dividends 2,700 0 J1 Dec. 31 Close bends Service Revenue PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Retained Earnings Date Accounts Debit Credit Account No. 315 Date Rel. Explanation Debit Dec 31 Credit 28930 Service Revenue Balance Retained Emines 28,300 Bet Balance 1 2.700 0 Beginning Balance Entry Beginning Balance Entry Beginning Bilance Entry 1 6365 0 Date Accounts Debit Credit Det 1 23.500 Dec 30 Retained Earnings 6.365 Salaries Experte 3.300 Dividends Depreciation Expense Furniture 300 Account No. 320 Date Explanation Ref. Deb Credit Balance Insurance Ber Balance 0 uute pense 200 Dec. 30 Paid ca dividends 2,700 0 5.900 Cose werd 0 Supplies Expense 180 PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Debit Credit Service Revenue Account No. 410 Dec 31 Retained Earni 6365 Date Explanation Ref. Debit Credit Balance 3.300 Beg Balance 0 Depreciation Dense Furniture Performed services for 11 1100 Insurance Expense Dec 15 Performed services on account 11 4,100 0 Uttes pense 260 Dec 20 Performed services for cash 11 19 300 Rent pense 1.900 Dec 28 Performed services count 11 900 0 Supples pense 180 Dec 31 Adjusting Entry 200 Dec 31 Adjusting Entry 11 1.300 O Date Accounts Debit Credit che Dec 31 2.700 Dividends 2.700 Depreciation Expense - Furniture Account No. 510 PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Debit Credit Depreciation Expense. Furniture Dec 31 Retained lang Account No. 510 Date Explanation Ref Debit Credit Balance 1100 Sales Expense Depreciation Expense- Future Bee B 0 300 Dec 31 Adjusting Entry 11 100 414 11 Utiltes Expense 260 1.500 Insurance Expense 130 Account No. 520 Date Explanation Debit Credit Balance 0 Date Accounts Debit Credit Dec 31 Adjusting Entry 425 Dec 11 2,700 11 Dividende 2.700 Rent Expense PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Debit Credit Rent Expense Account No. 540 Butaned Cars 165 Date Explanation Ret Debit Credit Balance 3.100 Beg bulance 100 Depreciation Expert Furniture Insurance Expense Dec 28 900 Paid December Rent 425 Cascade JI Ultes Expert 700 Rent Expense 1.900 Salaries Expense 183 Account No. 545 Suppies Expense Date Explanation Ref. Debit Credit Balance D Date Accounts Debit Credit Dec 7,100 0 Paldies Det and famine Adjusting Entry JU 2200 0 Dividendi 2.700 0 11 Post the closing entries to the general ledger in RED order and calculate ending balances for each account . For accounts that have a zero balance, enter the zero on the normal balance side. Close bones Date Accounts Debit Credit Dec 31 Supplies Expense 6.365 Retired Earn Account No. 550 Bwance Date Explanation Ref. Debit Credit 350 Beg Balance O Depreciation Expense Furniture Insurance Expense 435 Dec 31 180 J Adjustinery US Expense Rent perse 1.900 Supphes Expense 100 Utilities Expense Account No. 555 Balance Date Explanation Ref. Debat Credit Date Accounts Debit Credit Dec 31 Dec 27 11 Retained 200 Paid it bon account Dividends 2,700 Der Closet PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Retained Earnings Date Accounts Debit Credit Account No. 315 Balance Date Explanation Ret Debit Credit Service Revenue Beg Bence Related Tags Beigenty Being Boweny Beginning Balance 11 Date Accounts Debit Credit Dividends Salaries Depreciation Depende Furniture Insurance Expense Account No. 320 Balance Date Explanation Ref. Debit Credit 425 Bax Balance 250 Paid cash dividens J! 2,700 Rent 1900 . 0 Supplies Expanse PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Service Revenue Debit Credit 6.365 Dec.31 Retained Gaming Account No. 410 Balance Date Ref. Debit Credit 3300 Explanation Be. Balare Performed services for cash o 300 Deprecatione Purniture wrance Expense Dec 12 2100 0 Dec. 15 Performed services on account Performed services for cash Dec. 20 11 19.300 D Rent Experte Dec. 28 Performed services on account . Supples Expense Dec 31 11 Dec. 31 Adjusting Entry 1,500 Date Accounts Debit Credit D Dec 31 Retained in 2.700 2,700 Depreciation Expense. Furniture Account No. 510 Date Explanation Ref. Debit Credit Balance PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Debit Credit Depreciation Expense - Furniture Dec.31 Retained Earnings Account No. 510 Balance Date Explanation Ret Debit Credit Depreciation De Bee 300 Dec. 31 Adjusting Entry 11 300 425 1 Utilities Expense 260 Rent Experte 1900 Insurance Expense Supples Expense Account No. 520 Balance Date Explanation Ret Debit Credit Be Balance Date Accounts Debit Credit Dec 31 11 Det 2.700 0 Divende 2.700 PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Debit Credit Rent Expense Account No. 540 Balance Date Explanation Ref. Debit Credit 3.300 Der Reinering Salaries Expense Depreciation Experte Furniture Insurance Expense De ce Dec 11 435 Pod December one Choose 11 260 Bent Expense 1900 Salaries Expense Supplies Expense Account No. 545 Balance Date Explanation Ret Debit Credit Beg Balance Date Accounts Debit Credit Dec 18 Pald Salaries J! 1100 Dec 1 De 1 Didende 2.700 11 . 0 PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Date Accounts Debit Credit 6.365 Dec. 31 Recained Emines Supplies Expense 3300 Account No. 550 Balance Date Explanation Ret Debit Credit Depreciation Experte 300 Bee Bee o 135 Dec Adjusting 11 180 0 Expense 260 10 900 Supplies sense 180 Utilities Expense Account No. 555 Date Explanation Ret Debit Credit Balance Date Accounts Debit Credit Be Blane Det 2.700 DEC 22 Paldybt on account 31 Dividends 2.700 0 PART 10: Post and Close All Accounts Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Retained Earnings Date Accounts Debt Credit Account No. 315 Balance Dec 31 Date Service Revenue Explanation Debit 26,900 Ref. Credit Reading 25.900 Begance De V 2,700 Dec 1 Begening Barcely Beginning Balance Entry Begiving Balance Entry Date Accounts Debit Credit De 1 1 26,900 Dec 1 Pendring 3.300 Dividends Salaries per Depreciation Baper Pure Insurance Depende 300 Account No. 320 Balance Date Explanation Ret Debit Credit 425 Beg Balance 0 Uspense 260 Dec 30 Pald cash dividends 2.700 1.500 Dec 31 Close Didends 1 Supplies Expanse 100 Date Accounts Debit Credit Dec. 31 Service Revenue 28,900 Retained Earnings 28,900 Date Accounts Debit Credit Dec. 31 Retained Earnings 6,365 Salaries Expense 3,300 Depreciation Expense- Furniture 300 Insurance Expense 425 Utilities Expense 260 Rent Expense 1,900 Supplies Expense 180 Date Accounts Debit Credit Dec. 31 Retained Earnings 6,365 3,300 Salaries Expense Depreciation Expense- Furniture 300 Insurance Expense 425 Utilities Expense 260 Rent Expense 1,900 Supplies Expense 180 Date Accounts Debit Credit Dec. 31 Retained Earnings 2,700 Dividends 2,700 Retained Earnings Account No. 315 Balance Date Explanation Ref. Debit Credit Beg. Balance 0 Dec. 31 Beginning Balance Entry J1 2,700 0 Dec. 31 J1 6,365 0 Beginning Balance Entry Beginning Balance Entry Dec. 31 J1 28,900 0 Dividends Account No. 320 Balance Date Explanation Ref. Debit Credit Beg, Balance 0 Dec. 30 Paid cash dividends J1 2,700 0 Dec 31 Close Dividends J1 0 0 Service Revenue Account No. 410 Balance Date Explanation Ref. Debit Credit Beg. Balance 0 Dec. 12 Performed services for cash J1 3,100 0 Dec. 15 Performed services on account J1 4,100 0 Dec. 20 Performed services for cash J1 19,300 0 Dec. 28 Performed services on account J1 900 Dec. 31 Adjusting Entry J1 200 0 Dec. 31 Adjusting Entry J1 1,300 0 Dec 31 Close Revenues J1 0 0 Depreciation Expense - Furniture Account No. 510 Balance Date Explanation Ref. Debit Credit 0 Beg. Balance Adjusting Entry J1 300 Dec. 31 0 Dec. 31 Close Expenses J1 0 0 Insurance Expense Account No. 520 Balance Date Explanation Ref. Debit Credit Beg. Balance 0 Dec. 31 Adjusting Entry J1 425 Dec 31 Close Expenses J1 0 Rent Expense Account No. 540 Date Explanation Ref. Debit Credit Balance Beg. Balance 0 Dec. 28 Paid December Rent J1 1,900 Dec. 31 Close Expenses J1 0 0 Salaries Expense Account No. 545 Date Explanation Ref. Debit Credit Balance Beg. Balance 0 Dec. 18 Paid Salaries J1 1,100 Dec. 31 Adjusting Entry J1 2,200 0 Dec 31 Close Expenses J1 0 0 Supplies Expense Account No. 550 Balance Date Explanation Ref. Debit Credit Beg. Balance 0 Dec. 31 Adjusting Entry J1 180 0 Dec. 31 Close Expenses J1 0 0 Utilities Expense Account No. 555 Balance Date Explanation Ref. Debit Credit Beg. Balance Dec. 27 Paid utility bill on account J1 260 0 Dec 31 Close Expenses J1 0 0 Ose All Accounts eral ledger in RED order and calculate ending balances for each zero balance, enter the zero on the normal balance side. Retained Earnings Account No. 315 Balance Date Explanation Ref. Debit Credit 0 Dec 31 2,700 Adjusting Entry Beginning Balance Entry Close Dividends Close Expenses Close Revenues Beginning Balance Entry J1 6,365 0 Dec 31 J1 0 Dec 31 28.900 Dividends Account No. 320 Explanation Ref. Debit Date Credit Balance 0 Beg. Balance 0 Dec. 30 Paid cash dividends 2,700 0 J1 Dec. 31 Close bends Service Revenue