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Tal Balance Credit $3,420 19,200 7,900 Adjusted December 31, 2017 Debit Accounts Payable Accounts Receivable $2,400 Accumulated Depreciation - Equipment Cash 14,200 D. Wu, Capital
Tal Balance Credit $3,420 19,200 7,900 Adjusted December 31, 2017 Debit Accounts Payable Accounts Receivable $2,400 Accumulated Depreciation - Equipment Cash 14,200 D. Wu, Capital D. Wu, Drawings 1,000 Equipment 40,000 Depreciation Expense 1,400 Insurance Expense 1,140 Interest Expense 250 Interest Payable Prepaid Insurance 1,800 Salaries Expense 12,200 Salaries Payable Service Revenue Supplies 640 Supplies Expense 1,760 Repairs Expense 940 Utilities Expense 1,100 $78,830 120 1,200 46,990 $78,830 Prepare closing entries for Wu Delivery Services. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 (To close revenue account) Dec. 31 (To close expense accounts) Dec. 31
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