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Business, 01.03.2021 23:00 amourayanna321
Calculate the ending balances to update the t-accounts for the next accounting cycle. Be sure to enter all zero balances on the normal balance side and enter balances for permanent accounts! Retained Earnings Dec. 31 24,600 39,300 Adj. Bal. 5,000 Dec. 31 Income Summary Dec. 31 5,300 11,000 Dec. 31 5,700 Bal. Dec. 31 5,700 Cash Dec. 31 19,800 Service Revenue Dec. 31 14,300 14,300 Adj. Bal. Common Stock 55,900 Dec. 31 Supplies Expense Adj. Bal. 900 900 Dec. 31 Dividends Adj. Bal. 9,500 9,500 Dec. 31 Accounts Payable 4,000 Dec. 31
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Calculate the ending balances to update the t-accounts for the next accounting cycle. Be sure to ent...
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