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The ledger of Manty Comparry contains the follawing balances: Retained Earnings $29,500, Dividends $1,500, Service Revenue $51,500,5alaries and Wages Expense $26,500, and Supplies Expense $6,000.
The ledger of Manty Comparry contains the follawing balances: Retained Earnings \$29,500, Dividends \$1,500, Service Revenue $51,500,5alaries and Wages Expense $26,500, and Supplies Expense $6,000. The closine entries are as follows: (1) Close revenue accounts. (2) Close expense accounts. (3) Close net income/(loss). (4) Close dividends. Enter the balances in T-accounts, and post the closine entries
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