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Post the Closing Entries. *Note: Only missing one that I cannot figure out. MARIN CLEANING SERVICES INC. Trial Balance 2/28/22 Debit Credit 7,744 $ Cash
Post the Closing Entries.
*Note: Only missing one that I cannot figure out.
MARIN CLEANING SERVICES INC. Trial Balance 2/28/22 Debit Credit 7,744 $ Cash $ Accounts Receivable 7,240 310 Supplies 1,280 Prepaid Insurance Prepaid Expenses 170 Allowance for Doubtful AcCounts 217 Equipment 3,760 Accumulated Depreciation-Equipment 70 Accounts Payable 530 6,240 Notes Payable Salaries and Wages Payable 1,480 Interest Payable 31 Income Taxes Payable 616 324 JUnearned Service Revenue Unearned Service Revenue 324 Common Stock 5,850 Paid-in Capital in Excess of Par Value-Common Stock 4,290 Cash Dividends 918 Treasury Stock 690 Service Revenue 9,458 Utilities Expense 170 Salaries and Wages Expense 4,440 Insurance Expense 640 Depreciation Expense 70 Bad Debt Expense 377 Supplies Expense 450 Interest Expense 31 200 Loss on Disposal of Plant Assets Income Tax Expense 616 29,106 29,106 Total Date Account Titles and Explanation Debit Credit Feb. 28 Service Revenue 9,458 9,458 Income Summary (To close revenue account) Feb. 28 Income Summary 6,864 Utilities Expense 170 Salaries and Wages Expense 4,440 640 Insurance Expense 70 Depreciation Expense Bad Debt Expense 377 450 Supplies Expense Interest Expense 31 Income Tax Expense 616 (To close expense accounts) Feb. 28 Income Summary 2,464
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