{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-27T01:10:24-04:00", "answer_date": "2024-05-27 01:10:24", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1769911", "url": "\/study-help\/questions\/q2-write-the-closing-journal-entries-using-the-below-data-1769911", "question_creation_date_js": "2024-05-27T01:10:24-04:00", "question_creation_date": "May 27, 2024 01:10 AM", "meta_title": "[Solved] Q2: Write the closing journal entries usi | SolutionInn", "meta_description": "Answer of - Q2: Write the closing journal entries using the below data of Kitty Corp. on December 31, 2021. 40 marks Dividends Acc | SolutionInn", "meta_keywords": "q2,write,closing,journal,entries,below,data,kitty,corp,december,31,2021", "question_title_h1": " Q2: Write the closing journal entries using the below data of Kitty Corp. on December 31, 2021. 40 marks Dividends Accounts receivable Wages expense", "question_title": " Q2: Write the closing journal entries using the below data of", "question_title_for_js_snippet": "Q2 Write the closing journal entries using the below data of Kitty Corp on December 31, 2021 40 marks Dividends Accounts receivable Wages expense Uneamed revenue Sales revenue Rent expense 265 560 825 345 1,310 720 Account Debit Credit", "question_description": "\"image", "transcribed_text": "Q2: Write the closing journal entries using the below data of Kitty Corp. on December 31, 2021. 40 marks Dividends Accounts receivable Wages expense Uneamed revenue Sales revenue Rent expense 265 560 825 345 1,310 720 Account Debit Credit", "related_book": { "title": "Financial Accounting Information For Decisions", "isbn": "9780324313413, 324672705, 324313411, 978-0324672701", "edition": "6th Edition", "authors": "Robert w Ingram, Thomas L Albright", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/157.jpg", "uri": "\/textbooks\/financial-accounting-information-for-decisions-6th-edition-157", "see_more_uri": "" }, "free_related_book": { "isbn": "979-8354243624", "uri": "\/textbooks\/networking-and-referral-marketing-guide-on-how-to-create-business-growth-strategy-1st-edition-979-8354243624-141931", "name": "Networking And Referral Marketing Guide On How To Create Business Growth Strategy", "edition": "1st Edition" }, "question_posted": "2024-05-27 01:10:24", "see_more_questions_link": "\/study-help\/questions\/business-general-management-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/the-economics-of-health-and-health-care\/prove-that-point-b-in-figure-181-is-not-pareto-1257269", "description": "Prove that point B in Figure 18.1 is not Pareto effi cient. Food Fo FB OA Abner E C B Contract curve UAB UBB MB -Medicine Z Belinda Mo Figure 18.1 Edgeworth Box for Exchange; Pareto Efficient Points...", "stars": 3 }, { "url": "\/in-the-situation-described-in-be-1517-assume-the-asset", "description": "In the situation described in BE 1517, assume the asset being leased cost the lessor $125,000 to produce and its fair value is $150,000. Determine the price at which the lessor is selling the right...", "stars": 3 }, { "url": "\/study-help\/strategic-management-technological-innovation\/6-how-important-is-it-to-understand-the-influence-of-1848236", "description": "=+6. How important is it to understand the influence of subcultures in managing change, creativity and innovation?", "stars": 3 }, { "url": "\/study-help\/psychology\/4-using-the-information-in-this-chapter-develop-two-rsums-1980779", "description": "4. Using the information in this chapter develop two rsums. a. Base your first rsum on your current experiences, background, and training. b. Base your second rsum on what you hope to accomplish by...", "stars": 3 }, { "url": "\/avanti-inc-is-considering-the-sale-of-two-bond-issues", "description": "Avanti, Inc., is considering the sale of two bond issues. Choice A is a $800,000 bond issue that pays semiannual interest of $64,000 and is due in 20 years. Choice B is a $800,000 bond issue that...", "stars": 3 }, { "url": "\/study-help\/questions\/6-hot-enterprise-reported-the-following-balance-sheet-what-is-9895884", "description": "6. HoT Enterprise reported the following balance sheet: What is HoT Enterprise's debt ratio? A. 32.17% B. 36.84% C. 37.62% D. 39.45% 7. HoT Enterprise reported the following balance sheet: HoT...", "stars": 3 }, { "url": "\/the-director-of-a-nonprofit-ballet-company-in-a-medium-sized", "description": "The director of a nonprofit ballet company in a medium sized U. S. city is planning its next fundraising campaign. In recent years, the program has found the following percentages of donors and gift...", "stars": 3 }, { "url": "\/study-help\/questions\/i-am-working-on-creating-a-business-proposal-for-a-2541588", "description": "I am working on creating a business proposal for a class, and it is on adding a team of CRNAs to a labor and delivery unit. I need to determine the return of investment. Is this something you can...", "stars": 3 }, { "url": "\/study-help\/questions\/read-the-following-passage-mary-had-been-asking-her-neighbor-1055864", "description": "Read the following passage: \"Mary had been asking her neighbor to repair the fence on his goat pen all summer, but he'd only laughed at her and insisted the animals could not get out. So she was...", "stars": 3 }, { "url": "\/study-help\/questions\/a-machine-costing-209000-with-a-fouryear-life-and-an-818018", "description": "A machine costing $209,000 with a four-year life and an estimated $17,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce...", "stars": 3 }, { "url": "\/study-help\/questions\/assume-that-an-mnc-has-the-following-ushaped-long-run-818160", "description": "Assume that an MNC has the following U-shaped long run average cost curve (AC), where Q stands for qua of ourpol AC B C AC1 AC2 F If this MNC is destroying value by undertaking negative NPV project,...", "stars": 3 }, { "url": "\/study-help\/questions\/the-most-recent-financial-statements-for-mandy-company-are-shown-818184", "description": "The most recent financial statements for Mandy Company are shown here: Income Statement Balance Sheet $ Sales Current assets 20,200 Costs 13,900 Fixed assets $ 11,960 Debt 31,950 Equity $ 16,480...", "stars": 3 }, { "url": "\/study-help\/questions\/the-ledger-of-sunland-company-contains-the-following-balances-owner-868674", "description": "The ledger of Sunland Company contains the following balances: Owner s Capital $ 2 8 , 9 0 0 , Owner s Drawings $ 2 , 1 0 0 , Service Revenue $ 5 1 , 0 0 0 , Salaries and Wages Expense $ 2 6 , 4 0...", "stars": 3 }, { "url": "\/study-help\/questions\/use-the-following-information-for-seagull-corporation-in-2021-book-8382832", "description": "Use the following information for Seagull Corporation in 2021: Book value at beginning of year $300 million Shares 15 million Share price-to-book ratio at beginning of year 3.2 Pre-tax profits $50...", "stars": 3 }, { "url": "\/study-help\/questions-and-answers\/research-an-article-from-an-online-source-such-as-the-13671", "description": "Research an article from an online source, such as The Economist, Wall Street Journal, Journal of Economic Perspectives, American Journal of Agricultural Economics, or another academic journal. The...", "stars": 3 }, { "url": "\/study-help\/international-business\/summarize-the-international-product-life-cycle-theory-use-the-theory-1677353", "description": "Summarize the international product life cycle theory. Use the theory to explain the international evolution of automobiles and laptop computers. LO.1", "stars": 3 }, { "url": "\/study-help\/international-business\/why-do-nations-engage-in-international-business-that-is-what-1677352", "description": "Why do nations engage in international business? That is, what are the benefits of international trade and investment? LO.1", "stars": 3.5 }, { "url": "\/study-help\/fundamentals-of-financial-management-\/explain-the-modifications-needed-to-the-simple-npv-decision-rules-1677355", "description": "Explain the modifications needed to the simple NPV decision rules where investment funds are limited or where there are competing projects with unequal lives.", "stars": 3.5 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/selected-comparative-financial-statements-of-korbin-company-follow-sales-cost-1769910", "next": "\/study-help\/questions\/on-december-31-2021-fighting-okra-cooking-services-reports-the-1769912" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": " Q2: Write the closing journal entries using the below data of", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/q2-write-the-closing-journal-entries-using-the-below-data-1769911" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } } }