Scribd Logo
Upload

Welcome to Scribd!

  • 1 Using The Following Selected Accounts of Juba Electrical Inc

    Uploaded by

    hassan taimour
    37 views1 page
    Juba Electrical Inc's closing entries for September 30, 2013 include debiting retained earnings for dividends of $14,000 and crediting various expense accounts. The entity's ending retained earnings balance is $7,900 after preparing the closing entries.

    Original Description:

    Accounts

    Original Title

    1 Using the Following Selected Accounts of Juba Electrical Inc

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Juba Electrical Inc's closing entries for September 30, 2013 include debiting retained earnings for dividends of $14,000 and crediting various expense accounts. The entity's ending retained earnings balance is $7,900 after preparing the closing entries.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    37 views1 page

    1 Using The Following Selected Accounts of Juba Electrical Inc

    Uploaded by

    hassan taimour
    Juba Electrical Inc's closing entries for September 30, 2013 include debiting retained earnings for dividends of $14,000 and crediting various expense accounts. The entity's ending retained earnings balance is $7,900 after preparing the closing entries.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    1 Using the following selected accounts of Juba Electrical

    Inc #544
    1. Using the following selected accounts of Juba Electrical, Inc. at September 30, 2013, prepare
    the entity’s closing entries:Common Shares ......... $17,000Service Revenue .........
    49,000Unearned Revenues ......... 2,500Salary Expense ......... 21,900Accumulated
    Depreciation ...... 32,600Supplies Expense ......... 2,300Interest Revenue ......... 300Interest
    Expense ......... 2,400Accounts Receivable ......... $14,000Retained Earnings ......... 7,900Salary
    Payable ............ 700Depreciation Expense ......... 5,000Building Rent Expense .........
    5,600Dividends ........... 14,000Supplies ........... 2,3002. What is Juba Electrical’s ending
    retained earnings balance at September 30, 2013?View Solution:
    1 Using the following selected accounts of Juba Electrical Inc

    ANSWER
    http://paperinstant.com/downloads/1-using-the-following-selected-accounts-of-juba-electrical-
    inc/

    1/1
    Powered by TCPDF (www.tcpdf.org)

    You might also like