Exercise 4-9 Preparing closing entries and a post-clo The following adjusted trial balance contains the accounts and yea
Posted: Sun Jul 03, 2022 1:17 pm
Exercise 4-9 Preparing closing entries and a post-clo The following adjusted trial balance contains the accounts and year- Account Title No 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 301 A. Cruz, Capital 302 A. Cruz, Withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 648 Rent expense 652 Supplies expense Totals Required 1 Required 2 Debit Credit $18,000 18,500 View transaction sit 2,000 23,000 Journal entry worksheet 6,000 2,000 28,114 1,449 2,312 1139 586,514 1. Prepare the December 31, closing entries for Cruz