Question
Prepare the necessary closing entries as of January 31, 2015 based on the following selected account balances taken from an adjusted trial balance prepared as
Prepare the necessary closing entries as of January 31, 2015 based on the following selected account balances taken from an adjusted trial balance prepared as of that date.
Retained Earnings 23,000
Dividends 2,000
Salaries Expense 15,000
Service Revenue 30,000
Depreciation Expense 5,000
Accounts Receivable 3,000
Income Summary 0
| Date | Account Titles | Debit | Credit |
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Value Based Management For Accounts Receivable
Authors: Kimberly Don Ketron
1505911184, 978-1505911183
