Debit Credit Accounts Receivable Bal. 45,500 Fees Earned Revenue Bal. 60,000 Commission Expense Bal. 7,200 Supplies Expense Bal.5,500 Wages Expense Bal. 42,000 Dividends Bal. 3,500 Retained Earnings...


Use the following T-accounts to prepare the four journal entries required to close the books:


Debit<br>Credit<br>Accounts Receivable<br>Bal. 45,500<br>Fees Earned Revenue<br>Bal. 60,000<br>Commission Expense<br>Bal. 7,200<br>Supplies Expense<br>Bal.5,500<br>Wages Expense<br>Bal. 42,000<br>Dividends<br>Bal. 3,500<br>Retained Earnings<br>Bal. 51,00<br>

Extracted text: Debit Credit Accounts Receivable Bal. 45,500 Fees Earned Revenue Bal. 60,000 Commission Expense Bal. 7,200 Supplies Expense Bal.5,500 Wages Expense Bal. 42,000 Dividends Bal. 3,500 Retained Earnings Bal. 51,00

Jun 08, 2022
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