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LEARNING OUTCOME # 4 B-Closing Journal Entries On November 1. 2017, Victoria Garza began Garza...

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LEARNING OUTCOME # 4 B-Closing Journal Entries On November 1. 2017, Victoria Garza began Garza Dcor, Inc. On December 31st, her adjusted trial balance showed the following (alphabetically arranged) items and amounts ccounts paable S12,000 Office fumishings $40,000 6,000 9,600 4,200 250 19,000 Dividends 21,200 Rent expense 34,000 Salaries expense ccounts receivable Cash ees earmed 4,250 Telephone expense 50,000 Retained Eamings otes payable Common Stock Prepare the journal entries to close the temporary accounts NOTE Input your entries in the table below. For the correct solution, you will use the entire space provided when you leave 1 blank row between each Journal Entry Journal Date Account Title Debit Credit Notes pavable 4,250 Telephone expense 50,000 Retained Eamings 250 Common Stock Prepars the journal entries to close the tamporary accounts NOTE-Input your entries in the table below. For the correct solution, you will use the entire space provided when you leave 1 blank row between each Journal Entry Journal Account Title Debit Credit Date

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