Question
Prepare the four required closing entries for a company that has the following account balances. Capital Stock 500,000 Rent Revenue 5/s 200,000 Fees Earned
Prepare the four required closing entries for a company that has the following account balances. Capital Stock 500,000 Rent Revenue 5/s 200,000 Fees Earned 100,000 325,000 300,000 Wage Expense 150,000 25,000 25000 Supplies Expense 100,000 Rent Expense 75,000 Dividends 50,000
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Principles of Accounting
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
12th edition
978-1133603054, 113362698X, 9781285607047, 113360305X, 978-1133626985
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