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Please help me with the questions I got wrong. The ones in the red. da A . List Current Asses in order of it )
Please help me with the questions I got wrong. The ones in the red.
da A . List Current Asses in order of it ) MARTINEZ REPAIR SERVICES 31. 2017 Current Artig Total Cums Property. Plant, and Equipment 1 Equipment v accumulated Depreciation Eupem Total Property Plant, and Ecuant Liabilities and Stockholders' Equity Durant abilis T arned Service de TS and was able Current Common Stock Butaned Barnes Total Stackers Bouty Tabs and Stockhors' Equity v Journalize and post closing entries and complete the closing process. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. For accounts that have zero ending balance, the entry should be the balance date and zero for the amount.) Date Account Titles and Explanation Debit Credit Aug. 31 Service Revenue 6638 Interest Revenue Income Summary (To close revenue accounts) Aug. 31 Income Summary Depreciation Expense Supplies Expense Salaries and Wages Expense C Rent Expense Advertising Expense (To close expense accounts) Aug 31 Retained Earnings Income Summary (To close net income to retained earnings) 8/1 Bal. 8/5 8/12 8/29 360 340 2,810 1,500 2,610 8/31 Ball Cash 5.440 8/1 1,0803/3 2,520 8/10 7005/20 8/25 1,8201 Accounts Receivable 2,62018/5 3,3801 4,920 Notes Receivable 3,600 3,6001 Interest Receivable 18 1,080 8/1 Bal. 8/27 8/31 Bal. 8/1 Bal. 8/31 Bal 8/31 8/31 Bal. 790 8/1 Bal. 8/22 8/31 Bal. Supplies 930|8/31 720 860 Prepaid Advertising 3608/31 180 8/1 8/31 Bal 180 8/1 Bal. 8/15 8/31 Bal Equipment 9,000 1.800 10,800 Accumulated Depreciation-Equipment 8/1 Ball 8/31 8/31 Bal Accounts Payable 1,800 18/1 Bal 8/15 8/22 8/31 Bal. 540 290 830 2,070 1,500 720 2,790 1,130 700 1,110 Unearned Service Revenue 720 8/1 Ball 8/29 8/31 Bal. Salaries and Wages Payable 1,280|8/1 Bal. 8/31 8/31 Bal. Common Stock 1,280 1.390 1.390 8/1 Bal. 10,500 10,800 8/31 Bal. Retained Earnings 510 3/1 Bal. 5,770 7 T 5260 8/31 Bal. Income Summary 71308/31 8/31 T 8/31 Bal. Service Revenue T 2,520 66205/12 3/27 5/31 3,380 720 8/31 Bal. Interest Revenue 8/31 Bal. Depreciation Expense 5/31 5/31 8/31 BalStep by Step Solution
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