Question 1 (20 points] Given the following a usted account balances, post the closing entries...

80.2K

Verified Solution

Question

Accounting

image
image
Question 1 (20 points] Given the following a usted account balances, post the closing entries at November 30, 2014 directly into the T-accounts. Also show account balances by inserting Balance to the left of the respective amount Advertising Expense Capital 29/Nov 12700 Sino 69.500 25 Nov 68.000 Commissions Eamed INOV 30.500 Consulting Revenue Earned 27/Nov 37.000 Income Summary Latites interest Emned 05 NOV 32.500 46660 Windra 14o 5.000 and following usted account balances post the dating entries September 2014 dechowy other Ang Expense Sep 12000 15 50000 185 Commons Earned p 39 500 Couting Rene med 11/Sep 3.500 Income Liabetes Red 3. USED 34.000 Sep 7.000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students