please I need the answer Q1. Prepare closing entries for...
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Q1. Prepare closing entries for KC Antiques at December 31. Cash Accounts receivable ******* Uffice supplies Prepaid insurance Office equipment Accum. depreciation-Office equip. Accounts payable Interest payable Salaries payable Unearned consulting fees Long-term notes payable J. Logan, Capital J. Logan, Withdrawals Consulting fees earned Depreciation expense-Office equip. Salaries expense Interest expense Insurance expense Rent expense... Office supplies expense Advertising expense Totals Adjusted Trial Balance $ 34,000 22,000 2,000 2,960 84,000 5,000 6,000 74,000 2,200 5,580 14,500 14,000 13,000 $279,240 $ 20,000 10,000 1,000 7,000 15,000 52,000 40,000 134,240 $279,240
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