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stion 1 Not complete ommission Earned Vages Expense nsurance Expense Utilities Expense sing Entries The adjusted trial balance prepared as of December 31 contains the
stion 1 Not complete ommission Earned Vages Expense nsurance Expense Utilities Expense sing Entries The adjusted trial balance prepared as of December 31 contains the following accounts. Use the information provided below to prepare journal entries to close the accounts using the Income mmary account. After these entries are posted, what is the balance in the Retained Earnings account? Debit Depreciation Expense Dividends Common stock Retained Earnings Date Dec 31 Dec 31 Marked out of 1.00 Dec.31 Dec 31 $51,000 $16,900 $13,200 $24,800 $15,000 Credit $109,900 Description General Journal $65,000 $37,100 To close the revenue account. Wages Expense Insurance Expense Utilities Expense t C To close the expense accounts. To dose income summary. To cose dividends account. $ + P Flag question O Debit 0 $ 0 0 0 0 0 0 0 0 0 0 Credit 0 0 0 0 0 0 0 0 0 0 0
stion 1 Not complete ommission Earned Vages Expense nsurance Expense Utilities Expense sing Entries The adjusted trial balance prepared as of December 31 contains the following accounts. Use the information provided below to prepare journal entries to close the accounts using the Income mmary account. After these entries are posted, what is the balance in the Retained Earnings account? Debit Depreciation Expense Dividends Common stock Retained Earnings Date Dec 31 Dec 31 Marked out of 1.00 Dec.31 Dec 31 $51,000 $16,900 $13,200 $24,800 $15,000 Credit $109,900 Description General Journal $65,000 $37,100 To close the revenue account. Wages Expense Insurance Expense Utilities Expense t C To close the expense accounts. To dose income summary. To cose dividends account. $ + P Flag question O Debit 0 $ 0 0 0 0 0 0 0 0 0 0 Credit 0 0 0 0 0 0 0 0 0 0 0
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