Question
The ledger of Kaya Company contains the following balances: Retained Earnings $30,000 Dividends $2,000 Service Revenue $50,000 Salaries Expense $27,000 Supplies Expense $4,000. Prepare the
The ledger of Kaya Company contains the following balances:
- Retained Earnings $30,000
- Dividends $2,000
- Service Revenue $50,000
- Salaries Expense $27,000
- Supplies Expense $4,000.
Prepare the closing entries at December 31.
Kaya Company
General Journal (closing entries)
Date Account Name Debit Credit
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International Accounting
Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera
5th edition
1259747980, 9781259747984, 1260466531, 978-1260466539
