ONLY 7 questions it is in my student blackboard so u will need to go.docx
1. ONLY 7 questions it is in my student blackboard so u will need
to go in and complete the task in the app
ex question
Brief Exercise 4-5
The ledger of Rios Company contains the following balances:
Owner’s Capital $28,375; Owner’s Drawings $1,917; Service
Revenue $50,657; Salaries and Wages Expense $27,423; and
Supplies Expense $6,708.
The closing entries are as follows:
(1)
Close revenue accounts.
(2)
Close expense accounts.
(3)
Close net income/(loss).
(4)
Close drawings.
Post the closing entries in the order presented in the problem
and use the numbers as a reference.
Salaries and Wages Expense
Depreciation Expense
Owner’s Capital
Owner’s Drawings
Service Revenue
Supplies
2. Accounts Payable
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