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Trial Balance October 31, 2021 $ $ Accounts Payable 3,000 Accounts Receivable 800 Accumulated Depreciation 1,000 Automobile 7,000 Bank 14,000 Bank Note Payable 4,000 Consulting
| Trial Balance | ||
| October 31, 2021 | ||
| $ | $ | |
| Accounts Payable | 3,000 | |
| Accounts Receivable | 800 | |
| Accumulated Depreciation | 1,000 | |
| Automobile | 7,000 | |
| Bank | 14,000 | |
| Bank Note Payable | 4,000 | |
| Consulting Fees Earned | 12,500 | |
| Depreciation Expense | 500 | |
| Insurance | 600 | |
| L. Ann, Capital | 8,000 | |
| L.Anne, Drawings | 700 | |
| Prepaid Rent | 2,000 | |
| Salaries Expense | 4,500 | |
| Supplies Expense | 900 | |
| Unearned Consulting Fees | 2,500 | |
| Totals | 31,000 | 31,000 |
REQUIRED: Prepare in good form the required closing entries at year end.
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Management And Cost Accounting
Authors: Mike Tayles, Colin Drury
11th Edition
147377361X, 978-1473773615
