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Please help with the ones marked wrong Required information Exercise 6-4 and Exercise 6-5 (Algo) [The following information applies to the questions displayed below.] The
Please help with the ones marked wrong
Required information Exercise 6-4 and Exercise 6-5 (Algo) [The following information applies to the questions displayed below.] The Village of Seaside Pines prepared the following enterprise fund Trial Balance as of December 31,2020 , the last day of its fiscal year. The enterprise fund was established this year through a transfer from the General Fund. Complete this question by entering your answers in the tabs below. Prepare the closing entries for December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Statement of Revenues, Expenses, and Changes in Fund Net Position For the Year Ended December 31, 2020 Revenues: Charges for Sales and Services $565,000 Total Revenues Operating Expenses: Administrative and Selling Expenses Cost of Sales and Services Depreciation Expense 565,00052,000502,00050,000 Total Operating Expenses Operating Income (Loss) Nonoperating Income (Expenses): Interest Revenue Interest ExpenseStep by Step Solution
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