Q1. Prepare closing entries for KC Antiques at December 31. Cash Accounts receivable Office supplies Prepaid insurance O
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Q1. Prepare closing entries for KC Antiques at December 31. Cash Accounts receivable Office supplies Prepaid insurance O
Q1. Prepare closing entries for KC Antiques at December 31. Cash Accounts receivable Office supplies Prepaid insurance Office equipment Accum. depreciation - Office equip. Accounts payable Interest payable Salaries payable Uneamed consulting fees Long-term notes payable J. Logan, Capital J. Logan, Withdrawals Consulting fees earned Depreciation expense-Office equip. Salaries expense. Interest expense ... Insurance expense Rent expense Office Supplies expense Advertising expense Totals Adjusted Trial Balance $ 34,000 22,000 2.000 2,960 84.000 $ 20,000 10,000 1.000 7.000 15,000 52,000 40,000 5,000 134.240 6,000 74,000 2,200 5,580 14,500 14,000 13,000 $279,240 $279.240
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