Business, 09.07.2019 03:30 Jessietorres2123

Exercise 4-8 (part level submission) plevin company ended its fiscal year on july 31, 2017. the company’s adjusted trial balance as of the end of its fiscal year is shown below. plevin company adjusted trial balance july 31, 2017 no. account titles debit credit 101 cash $10,050 112 accounts receivable 9,500 157 equipment 15,600 158 accumulated depreciation—equip. $7,500 201 accounts payable 4,800 208 unearned rent revenue 1,800 311 common stock 17,450 320 retained earnings 27,000 332 dividends 15,500 400 service revenue 65,000 429 rent revenue 6,000 711 depreciation expense 7,000 726 salaries and wages expense 56,400 732 utilities expense 15,500 $129,550 $129,550 (a) prepare the closing entries. (credit account titles are automatically indented when amount is entered. do not indent manually.)

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Exercise 4-8 (part level submission) plevin company ended its fiscal year on july 31, 2017. the comp...

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