solve asap Randolph Products has the following adjusted trial baceas of...
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Accounting
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Randolph Products has the following adjusted trial baceas of December 31, 2005 Account Det Credit Account Det Credit $8.500 Rudolph Cat 15200 Accounts Receivable 13,200 Rudolph Withdrawals 13,000 Inventory 19.000 Delivery Revenue 48000 Delivery Truck B0.000 Sales Revenue 8,500 Accum Amort - Truck 14.000 Cost of Goods Sold 1.000 Accounts Payable 14,200 Amortization Expenso 2,000 Unearned Revenue 2,000 Fuel Expense 12 000 Rent Payable 800 Rent Expense 8,000 Required: Prepare the required closing entres Must use compound journal entries Omit explanations Omit explanations it is recommended but not required to make a table to do a journal entry
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