Please do journal and ledger records of Chip Company. 2) Closing Process Example: << Lemon Company has a 53.000 credit balance in Service Revenue account, 11.000 debit balance in Rent Expense account, 3.000 debit in Utilities Expense, 25.000 debit balance in Salaries Expense account, and 6.000 debit balance in dividends account. Please do journal and ledger closing records of Lemon Company.
Please do journal and ledger records of Chip Company. 2) Closing Process Example: << Lemon Company has a 53.000 credit balance in Service Revenue account, 11.000 debit balance in Rent Expense account, 3.000 debit in Utilities Expense, 25.000 debit balance in Salaries Expense account, and 6.000 debit balance in dividends account. Please do journal and ledger closing records of Lemon Company.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
answer only 2 question but dont in image format
![Questions:
1) Journal & Ledger Examples.
1. Chir Company resixed 300.000 cash for RAHAAR SOK, on 01.11.2022.
2. Chir Company purchased a building and paid 50.000 cash, on 05.11.2022.
3. Chir Company performed services for clients on account 25.000, on 07.11.2022.
4. Cbir Company paid 2.500 cash for office L 08.11.2022.
5. Chir Company paid asb 6.000 for emplass salaries on 09.11.2022.
6. Cbir Company purcbasa 30.000 land, on account, on 15.11.2022.
7. Cbir Company collected 17.000 cash from client in TARSection 3, on 20.11.2022.
8. Chir Company paid 8.000 cash for dixidends, on 21.11.2022.
9. Chir Company paid 15.000 for land from LSR 6, on 29.11.2022.
Please do journal and ledger records of Chip Company.
2) Closing Process Example:
Lemon Company has a 53.000 credit balance in Service Revenue account, 11.000 debit balance in
Rent Expense account, 3.000 debit in Utilities Expense, 25.000 debit balance in Salaries Expense
account, and 6.000 debit balance in dividends account.
Please do journal and ledger closing records of Lemon Company.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F639343b3-ffe1-40f5-8247-1c5cccdde48a%2F95015aad-2ebf-403e-987b-14f1f49916fa%2F9k1sl1m_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Questions:
1) Journal & Ledger Examples.
1. Chir Company resixed 300.000 cash for RAHAAR SOK, on 01.11.2022.
2. Chir Company purchased a building and paid 50.000 cash, on 05.11.2022.
3. Chir Company performed services for clients on account 25.000, on 07.11.2022.
4. Cbir Company paid 2.500 cash for office L 08.11.2022.
5. Chir Company paid asb 6.000 for emplass salaries on 09.11.2022.
6. Cbir Company purcbasa 30.000 land, on account, on 15.11.2022.
7. Cbir Company collected 17.000 cash from client in TARSection 3, on 20.11.2022.
8. Chir Company paid 8.000 cash for dixidends, on 21.11.2022.
9. Chir Company paid 15.000 for land from LSR 6, on 29.11.2022.
Please do journal and ledger records of Chip Company.
2) Closing Process Example:
Lemon Company has a 53.000 credit balance in Service Revenue account, 11.000 debit balance in
Rent Expense account, 3.000 debit in Utilities Expense, 25.000 debit balance in Salaries Expense
account, and 6.000 debit balance in dividends account.
Please do journal and ledger closing records of Lemon Company.
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