After the accounts have been adjusted at January 31, the end of the year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Harrison Taylor, Capital $362,820 Harrison Taylor, Drawing 12,570 Fees Earned 137,590 Wages Expense 40,910 Rent Expense 16,630 Supplies Expense 15,660 Miscellaneous Expense 1,570 Journalize the entries required to close the accounts. If an amount box does not require an entry, leave it blank. Jan, 31

After the accounts have been adjusted at January 31, the end of the year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Harrison Taylor, Capital $362,820 Harrison Taylor, Drawing 12,570 Fees Earned 137,590 Wages Expense 40,910 Rent Expense 16,630 Supplies Expense 15,660 Miscellaneous Expense 1,570 Journalize the entries required to close the accounts. If an amount box does not require an entry, leave it blank. Jan, 31

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter5: Completing The Accounting Cycle

Section: Chapter Questions

Problem 2PB: The following selected accounts and normal balances existed at year-end. Make the four journal...

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