Given the following information you are told to prepare closing journal entries for PANDA Memorable Events for the year ended October 31, 2020: ( Show T- Accounts for Revenue and Expense Summary, Drawings and Capital ). Pando, Capital P 560,000 Pando, Personal 104,000 Accounts Receivable 72,000 Notes Receivable 39,200 Consultancy Fees 828,000 Salaries and Wages 158,400 Rent Expense 288,000 Utilities Expense 139,968 Supplies Expense 54,980 Interest Expense 28,800

Given the following information you are told to prepare closing journal entries for PANDA Memorable Events for the year ended October 31, 2020: ( Show T- Accounts for Revenue and Expense Summary, Drawings and Capital ). Pando, Capital P 560,000 Pando, Personal 104,000 Accounts Receivable 72,000 Notes Receivable 39,200 Consultancy Fees 828,000 Salaries and Wages 158,400 Rent Expense 288,000 Utilities Expense 139,968 Supplies Expense 54,980 Interest Expense 28,800

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Description: Given the following information you are told to prepare closing journal entriesfor PANDA Memorable Events for the year ended October 31, 2020: ( Show T-Accounts for Revenue and Expense Summary, Drawings and Capital ).Pando, CapitalP 560,000Pando, Pe

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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Hi, I need help assembling the following journal entries. Thank you.
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