Bridgeport Company
Worksheet (Partial)
For the Month Ended April 30, 2019
Adjusted Trial Balance
Cash10,000
Accounts Receivable8,080
Prepaid Rent2,500
Equipment22,700
Accumulated Depreciation—Equip.5,500
Notes Payable5,700
Accounts Payable5,500
Common Stock19,460
Retained Earnings8,100
Dividends3,400
Service Revenue15,000
Salaries and Wages Expense10,980
Rent Expense900
Depreciation Expense700
Interest Expense60
Interest Payable 60
Totals59,320
Journalize the closing entries at April 30. (Credit accounttitles are automatically indented when amount is entered. Do notindent manually.)
THIS IS WHAT I NEED HELP WITH!!! THANK YOU
(1) Apr. 30
enter an account title for the first entry to close revenue accounton April 30
enter a debit amount
enter a credit amount
enter an account title for the first entry to close revenue accounton April 30
enter a debit amount
enter a credit amount
(To close revenue account)
(2) Apr. 30
enter an account title for the second entry to close expenseaccounts on April 30
enter a debit amount
enter a credit amount
enter an account title for the second entry to close expenseaccounts on April 30
enter a debit amount
enter a credit amount
enter an account title for the second entry to close expenseaccounts on April 30
enter a debit amount
enter a credit amount
enter an account title for the second entry to close expenseaccounts on April 30
enter a debit amount
enter a credit amount
enter an account title for the second entry to close expenseaccounts on April 30
enter a debit amount
enter a credit amount
(To close expense accounts)
(3) Apr. 30
enter an account title for the third entry to close net income orloss on April 30
enter a debit amount
enter a credit amount
enter an account title for the third entry to close net income orloss on April 30
enter a debit amount
enter a credit amount
(To close net income / (loss))
(4) Apr. 30
enter an account title for the fourth entry to close dividends onApril 30
enter a debit amount
enter a credit amount
enter an account title for the fourth entry to close dividends onApril 30
enter a debit amount
enter a credit amount
(To close dividends)
