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Required information Journal entry worksheet < 1 accounts balances: Cash, $15,000: Equipment, $85,000; Accumulated Depreciation, $25,000, Accounts Payable, $10,000; Retained earnings, $59,000, Dividends, $2,000, Fees Earned, $56,000: Depreciation Expense, $25,000; and Salaries Expense, $23,000. All accounts have normal balances. Note: Enter debits before credits Date December 31 General Journal Debit Credit Clear entry View general journal Record entry

Required information Journal entry worksheet < 1 accounts balances: Cash, $15,000: Equipment, $85,000; Accumulated Depreciation, $25,000, Accounts Payable, $10,000; Retained earnings, $59,000, Dividends, $2,000, Fees Earned, $56,000: Depreciation Expense, $25,000; and Salaries Expense, $23,000. All accounts have normal balances. Note: Enter debits before credits Date December 31 General Journal Debit Credit Clear entry View general journal Record entry

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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Required information Journal entry worksheet < 1 accounts balances: Cash, $15,000: Equipment, $85,000; Accumulated Depreciation, $25,000, Accounts Payable, $10,000; Retained earnings, $59,000, Dividends, $2,000, Fees Earned, $56,000: Depreciation Expense, $25,000; and Salaries Expense, $23,000. All accounts have normal balances. Note: Enter debits before credits Date December 31 General Journal Debit Credit Clear entry View general journal Record entry
Transcribed Image Text:Required information Journal entry worksheet < 1 accounts balances: Cash, $15,000: Equipment, $85,000; Accumulated Depreciation, $25,000, Accounts Payable, $10,000; Retained earnings, $59,000, Dividends, $2,000, Fees Earned, $56,000: Depreciation Expense, $25,000; and Salaries Expense, $23,000. All accounts have normal balances. Note: Enter debits before credits Date December 31 General Journal Debit Credit Clear entry View general journal Record entry
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