Account Debit Credit Cash 10,000 Accounts Receivable 25,000 Inventory 40,000 Supplies 5,000 Equipment 100,000 Accumulated Depreciation 30,000 Accounts Payable 12,000 Note Payable 13,000 Interest...

Revenue and expenses closing entries and Income statement.

Account<br>Debit<br>Credit<br>Cash<br>10,000<br>Accounts Receivable<br>25,000<br>Inventory<br>40,000<br>Supplies<br>5,000<br>Equipment<br>100,000<br>Accumulated Depreciation<br>30,000<br>Accounts Payable<br>12,000<br>Note Payable<br>13,000<br>Interest Payable<br>3,000<br>Uneamed Revenue<br>8,000<br>Dividends Payable<br>7,000<br>Common Stock<br>10,000<br>Retained Earnings<br>46,000<br>Sales Revenue<br>193,000<br>Cost of Goods Sold<br>78,000<br>Depreciation Expense<br>18,000<br>Wages Expense<br>42,000<br>Supplies Expense<br>3,000<br>Interest Expense<br>1,000<br>Total 322,000<br>322,000<br>

Extracted text: Account Debit Credit Cash 10,000 Accounts Receivable 25,000 Inventory 40,000 Supplies 5,000 Equipment 100,000 Accumulated Depreciation 30,000 Accounts Payable 12,000 Note Payable 13,000 Interest Payable 3,000 Uneamed Revenue 8,000 Dividends Payable 7,000 Common Stock 10,000 Retained Earnings 46,000 Sales Revenue 193,000 Cost of Goods Sold 78,000 Depreciation Expense 18,000 Wages Expense 42,000 Supplies Expense 3,000 Interest Expense 1,000 Total 322,000 322,000

Jun 08, 2022

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Account Debit Credit Cash 10,000 Accounts Receivable 25,000 Inventory 40,000 Supplies 5,000 Equipment 100,000 Accumulated Depreciation 30,000 Accounts Payable 12,000 Note Payable 13,000 Interest...

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