post and close all accounts post the closing entries to the general ledger in...
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Accounting
post and close all accounts
post the closing entries to the general ledger in red order. explination choices are given in one of the pictures
Retained Earnings Dividends Service Revenue Service Revenue Arrnunt Min A1? Depreciation Expense - Furniture Depreciation Expense - Furniture Insurance Expense Rent Expense Accotint Nn540 Salaries Expense Supplies Expense Utilities Expense Retained Earning Explanation Ref. Beg. Balance J1 J1 Adjusting Entry Beginning Balance Entry Close Dividends Close Expenses ividends Close Revenues Explanation Ref. Beg, Balance Paid cash dividends J1 J1 Service Revenue PART 10: Post and Close A Post the closing entries to the general ledg account. For accounts that have a zero bala PART 10: Post and Close Post the closing entries to the general le account. For accounts that have a zero
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