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jackienassiri
25.03.2020 •
Mathematics
The income statement debit column of the worksheet showed the following expenses:
Supplies Expense
$600
Depreciation Expense
400
Salaries Expense
300
Question 18 options:
A) Income Summary
1,200
Capital
1,200
B) Income Summary
1,300
Supplies Expense
600
Depreciation Expense
400
Salaries Expense
300
C) Supplies Expense
500
Depreciation Expense
400
Salaries Expense
300
Income Summary
1,200
D) Capital
1,200
Income Summary
1,200
Solved
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Ответ:
B) Income Summary
1,300
Supplies Expense
600
Depreciation Expense
400
Salaries Expense
300
Step-by-step explanation:
Journal entry for the closing of expense accounts is:
DateParticulars Debit Credit
Profit and Loss a/c Dr. $1,300
To Supplies expense a/c $600
To depreciation expense a/c $400
To Salaries expense a/c $300
Ответ:
I saw someone say it was (-1,4). I´m taking the test right now so imma submit the answer as (-1,4) then let you know if its right
Step-by-step explanation: