Use The Following Account Balances From The Adjusted Trial Balance Of Abc Consulting Debit Credit Balance Balance 24 10 1 (29.26 KiB) Viewed 27 times
Use The Following Account Balances From The Adjusted Trial Balance Of Abc Consulting Debit Credit Balance Balance 24 10 2 (38.27 KiB) Viewed 27 times
Use the following account balances from the adjusted trial balance of ABC Consulting: Debit Credit Balance Balance 24,100 Account Cash Accounts Payable B. Conway, Capital B. Conway, Drawing Fees Revenue Salary Expense Rent Expense Multiple Choice O 600 2,600 3,000 1,900 800 2,000 13,000 Supplies Expense Advertising Expense Select the correct closing entry that ABC Consulting would make to close the income summary account at the end of the accounting period. 18,000 debit Income Summary $600 credit B. Conway, Drawing for $600.
O O O debit Income Summary $600 credit B. Conway, Drawing for $600. debit Income Summary $9,700 and credit B. Conway, Capital for $9,700. debit B. Conway, Capital $18,000 and credit Income Summary for $18,000. debit B. Conway, Capital $9,700 and credit Income Summary for $9,700.
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