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PLZ HELP ASAP!!! Journalize and post closing entries and complete the closing process. (List alf debit entries before credit entries. Credit account tites are outomatically
PLZ HELP ASAP!!!
Journalize and post closing entries and complete the closing process. (List alf debit entries before credit entries. Credit account tites are outomatically 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 anounts. Post entries in the order of journal entries presented) Salaries and Wages Payable \begin{tabular}{l|lr} \hline & 7/31 & 380 \\ \hline & 7/31 Bal. & 380 \end{tabular} Income Summary Assets Assets \( \$ \longdiv { 5 , 2 2 0 } \) \begin{tabular}{|r|} \hline 6,040 \\ \hline 310 \\ \hline 1,540 \\ \hline \end{tabular} $ 13,110 1.Piant, and Equipmont yent Accumulated Bepreciation Equipinent siset siset Liabilities and Stockholders' Equity PINA WINDOW WASHING INC. Balance Sheet July 31,2025 Assets Current Assets (To close expense accounts) July 31 (To close net income to retained earnings) July 31 (To close dividends to retained earnings) \begin{tabular}{ll|ll} \multicolumn{5}{c}{ Cash } \\ \hline 7/1 & 11,500 & 7/1 & 1.920 \\ 7/21 & 1,540 & 7/5 & 1.680 \\ & & 7/18 & 1.440 \\ & 7/20 & 1,920 \\ & 7/31 & 280 \\ & 7/31 & 590 \end{tabular} Service Revenue Supplies Expense Depreciation Expense 7/31 170 Salaries and Wages Expense 7/20 1,920 7/31 380 eTextbook and Media List of Accounts Liabilities and Stockholders' Equity it Liabilities Gurrent Labilisies wolden' Louity monstock ned Lamings Stochholderi' Equity Wabilites and Stochboters Tquity \( 5 \longdiv { 5 , 5 6 0 } \) \( \begin{array}{r}15.060 \\ \hline \longdiv { 2 0 . 6 2 0 } \\ \hline\end{array} \) Liabilities and Stockholders' Equity Current Labilities. Accounss Parable $5380 \$. Stockholders' Equity Commonstock Recained Eamines: Total Stocivoiders' Equity \begin{tabular}{|r|} \hline 11500 \\ \hline 3500 \\ \hline \end{tabular} Assets sets \begin{tabular}{|r|} 5 \\ \hline 5.220 \\ \hline 5.040 \\ \hline \\ \hline 1.540 \\ \hline \end{tabular} Lant, and Equipment Dopreciation Expense Insurance Expense Salaries and Wages Expense 7/20 1,720 7/21 380 Step by Step Solution
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