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1 Using the following selected accounts of A to Z #538

1. Using the following selected accounts of A to Z Electrical, Inc. at April 30, 2013, prepare the
entity’s closing entries:Common Shares .......... $ 18,000Service Revenue ..........
127,000Unearned Revenues .......... 1,800Salary Expense .......... 18,500Accumulated
Depreciation ........ 32,600Supplies Expense .......... 1,700Interest Revenue .......... 800Interest
Expense .......... 2,300Accounts Receivable .......... $9,000Retained Earnings .......... 6,500Salary
Payable .............. 800Depreciation Expense .......... 8,200Building Rent Expense ..........
5,100Dividends ............... 18,000Supplies ............... 1,8002. What is A to Z Electrical’s ending
retained earnings balance at April 30, 2013?View Solution:
1 Using the following selected accounts of A to Z

ANSWER
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