Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense $11,870 9,370 2,810 4,010 16,500 2,660 16,220 0 17,223 0 $80,663 $3,713 5,110 0 2,170 15,960 5,550 34,900 13,260 $80,663 $11,870 9,990 1,370 2,640 16,500 2,660 18,030 1,440 17,223 1,370 1,200 $84,293 $4,913 5,110 1,810 1,220 15,960 5,550 35,520 14,210 $84,293 Prepare the closing entries for the temporary accounts at August 31. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense $11,870 9,370 2,810 4,010 16,500 2,660 16,220 0 17,223 0 $80,663 $3,713 5,110 0 2,170 15,960 5,550 34,900 13,260 $80,663 $11,870 9,990 1,370 2,640 16,500 2,660 18,030 1,440 17,223 1,370 1,200 $84,293 $4,913 5,110 1,810 1,220 15,960 5,550 35,520 14,210 $84,293 Prepare the closing entries for the temporary accounts at August 31. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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