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Part. Closing Journal Entries The accounts of Taylor Electronics Company are listed along with their adjusted balances before closing for the month ended June 30,

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Part. Closing Journal Entries The accounts of Taylor Electronics Company are listed along with their adjusted balances before closing for the month ended June 30, 2019. Prepare the closing journal entries in the journal below. $ 200 39.000 46,000 2.700 Prepaid Expenses Inventory Note Payable. Long-Term Salary Payable Supplies Expense Utilities Expense Sales Revenue Rent Expense Supplies Unearned Sales Revenue Accounts payable Accounts receivable Accumulated depreciation Taylor, Capital, June 1 Taylor, Owner Withdrawals Cash Cost of Goods Sold Equipment Salaries Expense Notes Payable, Short-Term $16.700 22.800 37,700 54,100 20 000 8,000 170.000 135 200 65,000 1.200 7.500 350.000 38.000 6,000 13,800 Date Credit Account Name Debit

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