TrueFale Male As part of the dosing poem, dwing died and Upon letion of closing the rents and the expense account will be the only acc Ya! 2 Multiple Choice butru Choose the best wild or that phof the Type After the accounts are closed and the jumal entries have been posted, which the 1 following accounts would not have a balance (A) Capital (B) Ad Depreciation (C) Accounts Payable: (D) Drawing (1) Suppli To prove the quality of the after the closing entries have pepared? (A) trial balance trial balan; (E) worksheet debit and credit balances in the general ledger accounts been jumalist and posted, which of the g balance sheet doing statement (D) post-desig After the accounts are closed and the journal entries have been posted, which of the 3 following account would have a balance? (A) Payroll Tax Expense; (B) Acce Depreciation (C) Profesional Fees: (D) Drawing Sl What is the correct sequence for closing the temporary accounts? (A) reve expenses Income Summary, Drawing; (B) expenses, revenues, Ice Summary Drawing (C) revenues, expenses Drawing Income Summary (D) Drawing expenses, Income Summary () net income, Drawing, Income Summary An income tent (A) shows the results of cash transaction () contains only temporary account (C) shows capital after owner withdrawal (D) is the last nt to be prepared: (1) discloses both beginning and ending balances in each The account to which the income summary account is closed is called (A) Reven . Drawing: (C) Capital (D) Cal (1) C Leter Chapter 6 Homework Handout 9 Problem 4 Shown below is an adjusted trial balance, journalize the closing entries on the journal entry template found in the tab labeled "P4Journal." Dye Custom Chemicals Adjusted Trial Balance January 31, 2020 Cash 6,000 Accounts Receivable 1,400 Supplies 1,250 Prepaid Insurance 600 Equipment 7,350 Accumulated Depreciation - Equipment 1,850 Accounts Payable 2,600 Roger Dye, Capital 13,100 Roger Dye, Withdrawals- 700 Service Revenue 4,950 Supplies Expense 650 Insurance Expense 500 Depreciation Expense - Equipment 550 Salaries Expense 2,600 900 Utilities Expense 22,500 22,500 Totals dele retur shil 110 Problem 4 Closing Journal Entries Chapter 6 Homework Handout Date: Accounts Debit Credit delete return shift