I keep getting wrong those questions The ledger of Mai Company includes the following accounts with normal balances as of December 31: RetainedEarnings $9,000; Dividends $800; Services Revenue $13,000; Wages Expense $8,400; and Rent Expense $1,600.Prepare its December 31 closing entries.123No4DateDecember 31December 31December 31December 31Services revenueIncome summaryIncome summaryWages expenseIncome summaryRent expenseIncome summaryDividendsX Answer is not complete.General Journal3333>>XDebit13,0008,400 x1,600800XCredit13,0008.4001,600 x800>

Preparation of closing entries is a method used by the business entity to close its temporary…

The ledger of Mai Company includes the following accounts with normal balances as of December 31: Retained Earnings $9,000; Dividends $800; Services Revenue $13,000; Wages Expense $8,400; and Rent Expense $1,600. Prepare its December 31 closing entries. 1 No 2 3 4 Date December 31 December 31 December 31 December 31 Services revenue Income summary Income summary Wages expense Income summary Rent expense Income summary Dividends X Answer is not complete. General Journal 33 33 >> X> Debit 13,000 8,400 X 1,600 X 800 S Credit 13,000 8,400 1,600 800

The ledger of Mai Company includes the following accounts with normal balances as of December 31: Retained Earnings $9,000; Dividends $800; Services Revenue $13,000; Wages Expense $8,400; and Rent Expense $1,600. Prepare its December 31 closing entries. 1 No 2 3 4 Date December 31 December 31 December 31 December 31 Services revenue Income summary Income summary Wages expense Income summary Rent expense Income summary Dividends X Answer is not complete. General Journal 33 33 >> X> Debit 13,000 8,400 X 1,600 X 800 S Credit 13,000 8,400 1,600 800

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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