Question
The following adjusted trial balance at December 31 of Wilson Trucking Company. Account TitleDebitCreditCash$ 8,900Accounts receivable18,400Office supplies3,900Trucks181,000Accumulated depreciationTrucks$ 36,900Land94,000Accounts payable14,700Interest payable4,900Long-term notes payable62,500Common stock34,500Retained earnings144,500Dividends20,900Trucking
The following adjusted trial balance at December 31 of Wilson Trucking Company.
Account TitleDebitCreditCash$ 8,900Accounts receivable18,400Office supplies3,900Trucks181,000Accumulated depreciationTrucks$ 36,900Land94,000Accounts payable14,700Interest payable4,900Long-term notes payable62,500Common stock34,500Retained earnings144,500Dividends20,900Trucking revenue139,000Depreciation expenseTrucks24,400Salaries expense63,700Office supplies expense8,900Interest expense12,900Totals$ 437,000$ 437,000Prepare the closing entries for the year ended December 31. The Retained Earnings account balance was $144,500 at December 31 of the prior year.
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Information Audit For The Management Process Empresa Nacional De Productos Agropecuarios ENPA Of Villa Clara
Authors: Alejandra María Osorio Capote, Manuel Osvaldo Machado Rivero, Dianelys Martínez Paz
1st Edition
6203767883, 978-6203767889
