Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please and thank you The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. PHAROAH COMPANY Worksheet (partial) For the Month

please and thank you
image text in transcribed
image text in transcribed
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,300 Accounts Receivable 7.200 Prepaid Rent 2.300 Equipment 22,800 Accumulated Depreciation-Equip. 5,300 Notes Payable 5.900 4.700 Accounts Payable Owner's Capital Owner's Drawings 26,220 3,400 Service Revenue 15.900 10.700 700 Salaries and Wages Expense Rent Expense Depreciation Expense 620 30 Interest Expense 30 Interest Payable Totals 58,050 58,050 Toy -755 Journalize the closing entries at April 30. (Credit account titles are automatically indented when amount is entered Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) No. Date Account Titles and Explanation Debit Credit 1 Apr 30 (To dose revenue account) 2 Apr 30 I (To dose expense accounts) 3 Apr. 30 (Todose net income (loss)) 4 Apr 30 (Todose drawings Tethol

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

HR Self Audits A Strategy For Continuous Improvement

Authors: Wynette Harewood, Marilyn Silverman

1st Edition

B0BQXT8R3P, 979-8843293192

More Books

Students also viewed these Accounting questions

Question

6. How do histories influence the process of identity formation?

Answered: 1 week ago