1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sindrei [870]
4 years ago
9

Ledger accounts have been opened using the balances from the adjusted trial balance. Post the closing entries to the general led

ger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side.Date Accounts and Explanation Debit Credit Dec. 31 Service Revenue 198,900 Retained Earnings 198,900 To close Revenue Date Accounts and Explanation Debit Credit Dec. 31 Retained Earnings 20,000 Dividends 20,000 To close Dividends Date Accounts and Explanation Debit Credit Dec. 31 Retained Earnings 81,000 Selling Expenses 15000 Advertising Expense 8000 Salaries Expense 10000 Depreciation Expense-- 7000 Furniture Utilities Expense 6000 Income Tax Expense 5,000Date Accounts and Explanation Debit Credit Dec. 31 Retained Earnings 81,000 Selling Expenses 15000 Advertising Expense 8000 Salaries Expense 10000 Depreciation Expense-- 7000 Furniture Utilities Expense 6000 Income Tax Expense 5000 Rent Expense 24000 Insurance Expense 4000 Supplies Expense 2,000

Business
1 answer:
kogti [31]4 years ago
3 0

Answer: See explanation

Explanation:

The adjusted trial balance is simply defined as an internal document whereby both the titles and balances of the general ledger account when an adjustments have been done are listed.

Even though it isn't a financial statement, it is shown in the financial statements.

The question has been solved and attached.

You might be interested in
One of the reasons why cash flow analysis is popular is because ________.
konstantin123 [22]

Answer:

D

Explanation:

Cash flow is the flow of cash and cash equivalent in and and out of a business.  

there are three types of cash flows:  

1. Investing cash flow - It involves the use of long term cash. it is the cash flow generated from the purchase and sale of fixed asset e.g. Sale of plant assets.  

2. operating cash flow - it shows the net amount of cash generated from a company's normal business operation  

3. financing cash flow - it shows the net amount of funding a company receives over a given period e.g. issuance of common stock  

Reasons why cash flow analysis is popular

  1. Cash flows are less subject to manipulation when compared with net income
  2. Cash flow in often positive when net income is negative or zero
6 0
3 years ago
Perceptions for which there are no appropriate external stimuli are called _____, and the most common type among people sufferin
julsineya [31]
Hallucination is the term in which perceptions are experienced by people without the appropriate external stimuli. In addition, the auditory people are considered to be most affected by schizophrenia wherein it is an illness that causes an individual to think and behave improperly.
7 0
3 years ago
A coupon bond that pays interest of 4% annually has a par value of $1,000, matures in 5 years, and is selling today at $785. The
jarptica [38.1K]

Answer:

Actual Yiel to maturity is 9.3%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Face value = F = $1,000

Coupon payment = $1,000 x 4% = $40

Selling price = P = $785

Number of payment = n = 5 years

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = [ $40 + ( $1,000 - $785 ) / 5 ] / [ ( 1,000 + $785 ) / 2 ]

Yield to maturity = [ $40 + $43 ] / $892.5  = $83 /$892.5 = 0.0645 = 0.093%

3 0
3 years ago
According to state agencies that monitor day care facilities, a typical sanitation requirement is that one toilet and handwashin
kompoz [17]
After the word every the answer would be "students"

Final answer,

According to state agencies that monitor day care facilities, a typical sanitation requirement is that one toilet and handwashing fixture be provided for <span>every student</span>


6 0
3 years ago
What are examples of short-term goals? Check all that apply.
Zolol [24]

Answer:

the right answer is Aden wants to get a summer job during his school vacation.

Explanation:

short-term goals are those that are aimed at meeting monthly

6 0
3 years ago
Read 2 more answers
Other questions:
  • A six-year Finance Lease entered into on December 31 of the current year specified equal annual lease payments due on December 3
    6·1 answer
  • Select which is NOT a component of a standard housing lease. APurchasing homeowner's insurance. BWhat repairs are the renter's r
    14·1 answer
  • ___________statutes exist to protect, as an example, medical personnel who volunteer their services in emergency situations. -sh
    6·1 answer
  • Auction sites like ebay have increased opportunities for __________ marketing.
    14·1 answer
  • June
    9·1 answer
  • The Mighty Power Tool Company has the following accounts on its​ books: Customer Amount Owed​ ($) Age​ (days) ABC ​$47 comma 150
    12·1 answer
  • For students not wanting a traditional major in marketing or accounting, for example, YSU decided to create a general business m
    8·1 answer
  • Kevin works in an airline office. He has a habit of visiting social networking sites on his office computer during work hours. W
    11·2 answers
  • When a manager makes scheduling decisions, he or she is making __________,
    15·1 answer
  • The document that details the specific audit procedures for each type of test is the?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!