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Closing Entries
Q:
Journalize closing entries Asked by blaqdiamondz46 On Feb 17, 2012 Share this question: Cash $32,000.00 Mesia Davis, Drawing $25,000.00 Accounts Receivable 2,400 Fees Income 48,750.00 Supplies 1,600 Depreciation Expense 2,250 Equipment 25,000 Salaries Expense 16,000 Accumulated Depreciation 2,000 Supplies Expense 2,500 Accounts Payable 2,500 Telephone Expense 2,100 Mesia Davis, Capital 47,250 Utilities Expense 4,150 All the accounts have normal balances. Journalize the closing entries. Use 4 as the general journal page number. |
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