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BUS 100 DLS Sp 22 HW Score: 47.4%, 47.4 of 100 points Question 2, Exercise 4-6 (similar to) Part 1 of 5 Homework: Assignment 3 O Points: 0 of 25 Maj's Esports Tutoring reported the following selected accounts in its June 30, 2020, financial records. (Click the icon to view the selected accounts and balances.) Required 1. Prepare the company's closing entries. Include explanations. 2. Prepare a T-account for Maj Yorick, Capital. What is the ending capital balance at June 30, 2020? Requirement 1. Prepare the company's closing entries. Include explanations. Begin with recording the entry to close out the revenue accounts. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Leave unused cells blank.) Journal Entry Date Accounts Debit Credit ||| June 30 Save ***
u More info Maj Yorick, Capital Service Revenue Unearned Revenues Salaries Expense Accumulated Amortization Supplies Expense Interest Revenue $ 120,000 Interest Expense 272,000 Accounts Receivable 6,800 Salaries Payable 80,000 Amortization Expense 154,000 Rent Expense 15,000 Maj Yorick, Withdrawals 7,000 Supplies Print Done $ - - X 9,400 64,000 4,600 52,000 25,000 98,000 5,800 se