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Prepare the 2 step closing entries for gizmo at December 31. Use the first picture for the information and the second to log your entries.

Prepare the 2 step closing entries for gizmo at December 31. Use the first picture for the information and the second to log your entries. image text in transcribed
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The Ledger accounts for Gizmo's Cleaning had the following balances Cash Accounts Receivable Office Supplies Building 9,950 2,100 800 9,500 Accumulated Depreciation- 2,50o -Building Equipment Accumulated Depreciation- 2,500 -Equipment Accounts Payable 36,000 4,200 Salaries Payable 290 9,000 42,000 Unearned Revenue Gizmo Capital Gizmo Withdrawals Service Revenue Salaries Expense 500 12,000 2,500 Office Supply Expense 300 250 Depreciation Expense- 500 Rent Expense 1,200 Depreciation Expense- Building Equipment the two-step (the example we did in class without the Income Summary) Closing Entries for Gizmo at December 31. (15 points) Date Account PR Debit Credit

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