i need help with h2 please. the previous info is provided below :D thanks so muc
ID: 2579424 • Letter: I
Question
i need help with h2 please. the previous info is provided below :D thanks so much!!
(h2) Post closing entries to the T-accounts. (Post entries in the order of journal entries presented above. For accounts that have zero ending balance, the entry should be the balance and zero for the amount.) Cash 9,380 230 2,460 310 900 4,000 230 1,290 13,5202/1 8,00 4,11 2/5 5042/18 2/25 27 /28 2/28 Bal 9,934 Accounts Receivable 2,600 280 2/16 2/23 2/28 2/28 Bal 4,0602/25 4,47012/28 3,95 9,60 Supplies 2/3 2/28 Bal 600 42 Prepaid Insurance 2,4602/28 2/5 2/28 Bal 820 1,64 Prepaid Expenses 23 23 2/27 2/28 Bal Allowance for Doubtful Accounts 2/28 2802/28 568 28 Bal 288Explanation / Answer
Journal entry :
date accounts & explanation debit credit Feb 28 Income summary a/c 2159 Retained earnings a/c 2159 (TO record close net income/loss)Related Questions
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