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The adjusted ledger accounts of RD Consulting on December 31, 2019, appear as follows. Balance Account Name 6,900 1,850 1,700 690 Cash Accounts Receivable Supplies
The adjusted ledger accounts of RD Consulting on December 31, 2019, appear as follows. Balance Account Name 6,900 1,850 1,700 690 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Roger Dye, Capital Roger Dye, Drawing 16,500 3,200 3,050 14,900 3,400 15,800 Fees Income Supplies Expense 740 590 Insurance Expense Depreciation Expense-Equipment Salaries Expense Utilities Expense 540 3,050 990 Prepare the Balance Sheet and Income Statement columns of the worksheet. Prepare the closing entries for RD Consulting on December 31, 2019. All accounts have normal balances and adjusting entries have been made Complete this question by entering your answers in the tabs below c Stmt and General Inc Bal St Journal Prepare the Balance Sheet and Income Statement columns of the worksheet. Income Statement Balance Sheet Account Name Debit Credit Debit Credit Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation- Equipment Accounts payable Roger Dye, Capital Roger Dye, Drawing Fees income Supplies expense Insurance expense Depreciation expense Equipment Salaries expense Utilities expense Totals 0 0 0 0 Net Income 0 0 0 0 K General Journal> Inc Stmt and Bal St View transaction list Journal entry worksheet 4 Record entry to transfer fees income to income summary. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 2019 Clear entry View general journal Record entry K General Journal Inc Stmt and Bal St Journal entry worksheet 4 Record entry to transfer expenses to income summary. Note: Enter debits before credits. Date Debit Credit General Journal Dec 31, 2019 View general journal Record entry Clear entry Journal entry worksheet 4 Record entry to transfer net income or net loss from income summary to capital Note: Enter debits before credits. Date General Journal Credit Debit Dec 31, 2019 View general journal Record entry Clear entry Journal entry worksheet 4 Record entry to transfer drawings to capital account. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2019 View general journal Record entry Clear entry Inc Stmt and Bal St General Journal
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