Journalize the closing entries. Required: 000'09 494,000 Pascual, Capital Depreciation Expense-Building (9) (p) 000's 000'0E Depreciation Expense-Furniture Salaries Payable 000'09 000'0ɛE (2) 000'0 Supplies Expense Accumulated Depreciation-Building 000'08 000'0s (q) 000'ST 000'087 (p) Salaries Expense Accumulated Depreciation-Furniture (a) 000'sE 000'0e0'T (a) 000'07 000'0t Service Revenues Supplies (a) 000's 000'0EZ 000' Pascual, Withdrawals Accounts Receivable accounts of the entity are listed here in T-account form: through "e" to the accounts at Dec. 31, 2020. All the income, expense, and equity The accountant for Estela Pascual Events Planner has posted adjusting entries "a" Identifying and Journalizing Closing Entries Problem #4

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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2020.12.30 15:27
The for Planner has "a"
through "e" to at 31, All and equity
Completing the Accounting Cycle | 283
NAME:
SECTION:
SCORE:
PROFESSOR:
Problem #4
dentifying and Journalizing Closing Entries
of
accounts of the entity are listed here in T-account form:
Accounts Receivable
000'0e7
000'sE
(a)
Pascual, Withdrawals
Supplies
000'rzs
000'07
(e)
000'00
Service Revenues
Accumulated Depreciation-Furniture
1,030,000
Salaries Expense
(a) 000'sE
000'0E
(a)
000'0s
Accumulated Depreciation-Building
000'087
(p)
Supplies Expense
000'0ɛE
000'09
())
(a)
Salaries Payable
000'07
(p)
000's
Depreciation Expense-Furniture
(b)
000'0,
Pascual, Capital
Depreciation Expense-Building
000'
Required:
(c)
000'09
ournalize the closing entries.
Transcribed Image Text:2020.12.30 15:27 The for Planner has "a" through "e" to at 31, All and equity Completing the Accounting Cycle | 283 NAME: SECTION: SCORE: PROFESSOR: Problem #4 dentifying and Journalizing Closing Entries of accounts of the entity are listed here in T-account form: Accounts Receivable 000'0e7 000'sE (a) Pascual, Withdrawals Supplies 000'rzs 000'07 (e) 000'00 Service Revenues Accumulated Depreciation-Furniture 1,030,000 Salaries Expense (a) 000'sE 000'0E (a) 000'0s Accumulated Depreciation-Building 000'087 (p) Supplies Expense 000'0ɛE 000'09 ()) (a) Salaries Payable 000'07 (p) 000's Depreciation Expense-Furniture (b) 000'0, Pascual, Capital Depreciation Expense-Building 000' Required: (c) 000'09 ournalize the closing entries.
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