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inessss [21]
2 years ago
12

The income statement for the month of June, 2018 of Sarasota Enterprises contains the following information:

Business
1 answer:
BlackZzzverrR [31]2 years ago
8 0

Answer:

b) credit to Rent Expense for $1530

Explanation:

Date Accounts and Explanation     Debit     Credit

         Income Summary                   $5,550

             Salaries & Wages Expense              $2,900

             Rent Expense                                    $1,530

             Advertising Expense                         $740

             Supplies Expense                              $270

             Insurance Expense                             $110

        (To Close the expense accounts)  

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