Use, location, feats, amenities, price range, locational attributes, size or layout, quality, interest, design, services, price and rents. financeFrom the following Company T adjusted trial balance, prepare the following:
D. Closing journal entries
$$
\begin{array}{c}
\textbf{Adjusted Trial Balance}
\end{array}
$$
$$
\begin{array}{lcc}
&\textbf{Debit}&\textbf{Credit}\\[5pt]
\text{Cash}&\text{\$\hspace{5pt}24,000}\\
\text{Accounts Receivable}&\text{\hspace{10pt}14,900}\\
\text{Prepaid Insurance}&\text{\hspace{15pt}5,300}\\
\text{Land}&\text{\hspace{10pt}13,500}\\
\text{Accounts Payable}&&\text{\$\hspace{5pt}12,400}\\
\text{Salaries Payable}&&\text{\hspace{15pt}1,500}\\
\text{Common Stock}&&\text{\hspace{10pt}34,000}\\
\text{Retained Earnings}&&\text{\hspace{10pt}10,200}\\
\text{Dividends}&\text{\hspace{15pt}5,000}\\
\text{Service Revenue}&&\text{\hspace{10pt}56,300}\\
\text{Insurance Expense}&\text{\hspace{15pt}7,900}\\
\text{Salaries Expense}&\text{\hspace{10pt}39,000}\\
\text{Miscellaneous Expense}&\underline{\text{\hspace{15pt}4,800}}&\underline{\text{\hspace{39pt}}}\\
&\underline{\underline{\text{\$\hspace{1pt}114,400}}}&\underline{\underline{\text{\$\hspace{1pt}114,400}}}\\
\end{array}
$$ 1st Edition•ISBN: 9781506699844Alexander Holmes, Barbara Illowsky, Susan Dean2,174 solutions
15th Edition•ISBN: 9780073401805 (1 more)Douglas A. Lind, Samuel A. Wathen, William G. Marchal1,236 solutions
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