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The following list includes temporary accounts from the December 31 adjusted trial balance of Emiko Company. Use these normal account balances to journalize closing entries.
The following list includes temporary accounts from the December 31 adjusted trial balance of Emiko Company. Use these normal account balances to journalize closing entries. K. Emiko, Withdrawals Sales: Sales returns and allowances Sales discounts Cost of goods sold Sales salaries expense Utilities expense Selling expenses Administrative expenses 1 2 4 3 No Date December 31 December 31 December 31 December 31 Sales Income summary Income summary Selling expenses Debit $ 49,000 K. Emiko. Withdrawals Income summary Sales returns and allowances 20,700 6,600 244,000 64,000 23,000 44,000 121,000 General Journal Credit Answer is not complete. $ 593,000 & Debit 593,000 20,700 6,600 49.000 Credit 593,000 20,700 6,600
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