Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pharoah Company had the following adjusted trial balance. Pharoah Company Adjusted Trial Balance For the Month Ended June 30, 2022 Adjusted Trial Balance Account Titles

Pharoah Company had the following adjusted trial balance.
Pharoah Company
Adjusted Trial Balance
For the Month Ended June 30, 2022
Adjusted Trial Balance
Account Titles
Debit
Credit
$3,820
4,040
490
Cash
Accounts Receivable
Supplies
Accounts Payable
Unearned Service Revenue
Owner's Capital
Owner's Drawings
Service Revenue
Salaries and Wages Expense
Miscellaneous Expense
Supplies Expense
$1,800
180
4.180
770
5.990
1,500
390
1,700
please be specific with the answers , put them as shown in the picture
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Pharoah Company had the following adjusted trial balance. Question 1 of 3 133 : (To close net income / (loss)) 4. (To close drawings) eTextbook and Media List of Accounts Sinefarlater Attempts: 0 of 3 used Question 1 of 3 133 (To close revenue account) 2. (To close expense accounts) 3. (To dose net income / (loss)) 4. (To close drawings) Prepare closing entries at June 30, 2022. (Credit occaunt tifles are autamatically indented when amount is entered. Do not indent manually. If no entry is required, seiect 'No Entry' for the occount tithes and enter ofor the amounts.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

ISO 13485 Auditing Journal Notes Checklists Observations Evidence Log

Authors: Just Visualize It, The Quality Guy

1st Edition

B08W7SNPGP, 979-8706121884

More Books

Students also viewed these Accounting questions

Question

What is behavioral persuasion in advertising designed to do?

Answered: 1 week ago

Question

a. Describe the encounter. What made it intercultural?

Answered: 1 week ago