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Use the following T-accounts: Accounts Receivable Bal. 46,500 Fees Earned Revenue Bal. 64,000 Commission Expense Bal. 7,700 Supplies Expense Bal. 5,700 Wages Expense Bal. 46,000
Use the following T-accounts: Accounts Receivable Bal. 46,500 Fees Earned Revenue Bal. 64,000 Commission Expense Bal. 7,700 Supplies Expense Bal. 5,700 Wages Expense Bal. 46,000 w Dividends Bal. 3,700 Retained Earnings Bal. 54,000 Prepare the four journal entries required to close the books. If an amount box does not require an entry, leave it blank. Prepare the four journal entries required to close the books. If an amount box does not require an entry, leave it blank. Fees Earned Revenue A. 0 64,000 Income Summary 0 64,000 Income Summary B. 0 Commission Expense 0 7.700 Supplies Expense 0 5,700 Wages Expense 0 46,000 Income Summary . 0
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