Ding-a-ling Doorbells is owned by A. Dingdong and sells custom designer doorbells. The partial trial...
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Accounting
Ding-a-ling Doorbells is owned by A. Dingdong and sells custom designer doorbells. The partial trial balance at year end is provided below. The second closing entry closes income statement debits to income summary.
REQUIRED: Provide the amount that will be debited or credited to the Income Summary account. (Provide the number only, no dollar sign, comma or extra spaces.)
| Ding-a-ling Doorbells | |
| Trial Balance (Partial) | |
| November 30, 2021 | |
| $ | |
| Unearned Rental Revenue | 180 |
| Sales Returns & Allowances | 173 |
| Sales | 1,477 |
| Repairs Expense | 635 |
| Rental Revenue | 339 |
| Prepaid Rent Expense | 375 |
| Loan Payable | 750 |
| Merchandise Inventory | 100 |
| Interest Revenue | 67 |
| Insurance | 90 |
| Furniture | 750 |
| Depreciation Expense | 35 |
| Cost of Good Sold | 470 |
| Bank | 2,130 |
Accumulated Depreciation 70
Accounts Receivable 150
Accounts Payable 260
A. Dingdong, Drawings 49
A. Dingdong, Capital 2,080
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