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Journalize the entries for the month

Journalize the entries for the month

FINANCIAL ACCOUNTING
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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Journalize the entries for the month
Sunland Company shows the following balances in selected accounts of its adjusted trial balance. Supplies $ 30,100 Service Revenue $ 113,000 Supplies Expense 5,400 Salaries and Wages Expense 40,100 Accounts Receivable 11,600 Utilities Expense 8,600 Owner's Drawings 21,800 Rent Expense 18,900 Owner's Capital 78,000 Journalize the closing entries at December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Transcribed Image Text:Sunland Company shows the following balances in selected accounts of its adjusted trial balance. Supplies $ 30,100 Service Revenue $ 113,000 Supplies Expense 5,400 Salaries and Wages Expense 40,100 Accounts Receivable 11,600 Utilities Expense 8,600 Owner's Drawings 21,800 Rent Expense 18,900 Owner's Capital 78,000 Journalize the closing entries at December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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