The adjusted vial balance from June 30, 2020, of Per's Music Lessons follows: (Click the icon to view the adjusted trial

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The Adjusted Vial Balance From June 30 2020 Of Per S Music Lessons Follows Click The Icon To View The Adjusted Trial 1 (40.38 KiB) Viewed 10 times

The adjusted vial balance from June 30, 2020, of Per's Music Lessons follows: (Click the icon to view the adjusted trial balance.) Required 1. Journalaw the closing entries of Pel's Music Lessons at June 30, 2020. Include explanations 2. How much net income or net loss did Pel's Music Lessons eam for the period ended June 30, 2020? How can you Requirement 1: Journalze the closing entries of Pel's Music Lessons at June 30, 2020, include explanations First, we will close the revenue account. (Record debits first, then credits. Select the explanation on the last line Journal Entry June Accounts Journal Entry Debit ditv Credit B MacBook Air 8 17 DII F6 Supples instruments Acumulated amorzadona Accounts payable Uneamed service revenue PSave, opt P Sauer withdrawals Service revenue Satanes expense Rent experse Amortization - Us expers D 19 Print Done 8.900 376,000 $1.000 VAL 3.000 4100 urant 1 2000 43.800 LING 15204 TA