Accum. Depr.- Del. Equip. Wages Expense Bal. 1,800 Electricity Еxpense 185.1 511 533 Bal. 100 Bal. 44 Wages Payable Advertising Expense Insurance Expense 30 219 512 535 Bal. 200 Bal. 80 Bal Saburo Goto, Сapital Bal. Rent Expense Bal. 500 Gas and Oil 311 521 Expense 538 4,000 Bal. 38 Saburo Goto, Drawing 312 Supplies Еxpense Depr. Exp.- Del. Equip. 541 523 Bal. 800 Bal. 120 Bal. 100 Income Phone Miscellaneous Summary 313 Expense 525 Expense 549 Bal. 58 Bal. 33 Delivery Fees 401 Bal. 2,200
CLOSING ENTRIES (NET LOSS) Using the following partial listing of T
accounts, prepare closing entries in general journal form dated January
31, 20--. Then post the closing entries to the T accounts.
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