Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
perpare closing entries directly to retained esrnings in general journal form The adjusted trial balance shown below is for Fine consulting service as of Dec.
perpare closing entries directly to retained esrnings in general journal form The adjusted trial balance shown below is for Fine consulting service as of Dec. 31. Bryan Fine made Cape Contibution during the cox 1,183 Adjusted Trial Balance | Dr cash $3,780 Accounts Rec. 4,578 Supplies 4284 Prepaid Ing. 2.100 Equipment 8960 Actum. Depr. -Equipment 1512 Accounts Payable Long-term notes payable 9,800 Common Stock 2,800 Retained Earnings 7,287 Dividends 4,060 service fees carned 81,760 Rent expense 16,800 Salarics apense 46,760 Supplies expense 6,580 Insurance expense 4,550 Dopr. Cxpense -equipment 1,008 Interest expens 882 1 Totals $104,342 $ 104,342 Aproporc an income statenent, Sharement of stockholders equity, Balance sheet & journal entry
perpare closing entries directly to retained esrnings in general journal form
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started