Accountıng I Deneme Sınavı Sorusu #1178000
The chart shows the closing entry of Company A. What might the account seen below be?
|
Service revenue |
|
Advertisement Expense |
|
Depreciation Expense |
|
Income summary |
|
Salaries-Wages Expense |
Yanıt Açıklaması:
Advertisement Expense, Supply Expense, Depreciation Expense and Salaries-Wages Expense are credited with the same amount of their debit balances, and Income Summary account is debited. After the journal entry, the accounts will show up like:
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