The following accounts and normal balances existed at year - end. Make the four journal entries required to close the books: Retained Earnings $22000 Dividends $6000 Fees Earned Revenue $90000 Selling expense $45000 Administrative expenses $16000 Miscellaneous expense $2300

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The following accounts and normal balances existed at year - end. Make the four journal entries required to
close the books: Retained Earnings $22000 Dividends $6000 Fees Earned Revenue $90000 Selling expense
$45000 Administrative expenses $16000 Miscellaneous expense $2300
Transcribed Image Text:The following accounts and normal balances existed at year - end. Make the four journal entries required to close the books: Retained Earnings $22000 Dividends $6000 Fees Earned Revenue $90000 Selling expense $45000 Administrative expenses $16000 Miscellaneous expense $2300
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