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Your answer is partially correct. Larkspur Grooming shows the following balances in selected accounts of its adjusted trial balance (amounts in thousands). Supplies Rp37,120
Your answer is partially correct. Larkspur Grooming shows the following balances in selected accounts of its adjusted trial balance (amounts in thousands). Supplies Rp37,120 Service Revenue Rp125,280 Supplies Expense 6,960 Salaries and Wages Expense 46,400 Accounts Receivable 13,920 Utilities Expense 9.280 Dividends 25,520 Rent Expense 20,520 Share Capital-Ordinary 81,200 Journalize the closing entries at December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Dec. 31 Service Revenue Income Summary Debit 125,280 Credit 125.280
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