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Pigeon Sporting Goods Company reported the following dala at July 31, 2018, with amounts in thousands (Click the loon No view the account balance)
Pigeon Sporting Goods Company reported the following dala at July 31, 2018, with amounts in thousands (Click the loon No view the account balance) (Click the icon to view the balance sheet) loon to view the statement of retained eamings) Make the company's closing entries at July 31, 2018. Then set up a Tacount for Retained Eamings and post to that account. Compare Retained Earnings ending balance to the amount reported on Pigeor's statement of retained eamings and balance sheet. What do you find? Make the company's closing entries at July 31, 2018. (Recond debits first, then credits. Exclude explanations from any journal entries.) Begin by making the closing entry for revenues at July 31, 2018 Date Jul 31 Journal Entry Accounts Now make the closing entry for expenses at July 31, 2018. Date Jul 31 Journal Entry Accounts Debit Credit Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question
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