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Evan Roberts owns a business, Shore Sports, that rents canoes and kayaks.  In considering the following accounts at December 31. Wages Expense                                                19,000 Depreciation Expense                                     1,800 Utilities Expense                                                      320 Insurance Expense                                                   700 Maintenance Expense                                       9,000 Income Tax Expense                                             2,700 The entry to close the expense accounts at the end of the period includes a:

Evan Roberts owns a business, Shore Sports, that rents canoes and kayaks.  In considering the following accounts at December 31. Wages Expense                                                19,000 Depreciation Expense                                     1,800 Utilities Expense                                                      320 Insurance Expense                                                   700 Maintenance Expense                                       9,000 Income Tax Expense                                             2,700 The entry to close the expense accounts at the end of the period includes a:

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Evan Roberts owns a business, Shore Sports, that rents canoes and kayaks.  In considering the following accounts at December 31.

Wages Expense                                                19,000

Depreciation Expense                                     1,800

Utilities Expense                                                      320

Insurance Expense                                                   700

Maintenance Expense                                       9,000

Income Tax Expense                                             2,700

The entry to close the expense accounts at the end of the period includes a:

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