As of December 31, the end of the current year, the ledger of Harris Company contained the following account balances after adjustment. All accounts have normal balances. Cash   $12,328   C. Harris, Drawing   $2,182 Equipment   16,962   Professional Fees   10,356 Accumulated Depreciation, Equipment   3,822   Wages Expense   1,849 Accounts Payable   2,441   Rent Expense   1,590 Wages Payable   949   Depreciation Expense, Equipment   1,664 C. Harris, Capital   19,500   Miscellaneous Expense   493 Required: Journalize the closing entries. If an amount box does not require an entry, leave it blank. GENERAL JOURNAL PAGE       DATE DESCRIPTION DOC. NO.   POST. REF. DEBIT CREDIT 20-- Closing Entries   Dec. 31 Professional Fees                   Income Summary                  Dec. 31 Income Summary                   Wages Expense                   Rent Expense                   Depreciation Expense, Equipment                   Miscellaneous Expense                  Dec. 31 Income Summary                   C. Harris, Capital                  Dec. 31 C. Harris, Capital                   C. Harris, Drawing

Question

As of December 31, the end of the current year, the ledger of Harris Company contained the following account balances after adjustment. All accounts have normal balances.

Cash   $12,328   C. Harris, Drawing   $2,182
Equipment   16,962   Professional Fees   10,356
Accumulated Depreciation, Equipment   3,822   Wages Expense   1,849
Accounts Payable   2,441   Rent Expense   1,590
Wages Payable   949   Depreciation Expense, Equipment   1,664
C. Harris, Capital   19,500   Miscellaneous Expense   493

Required:

Journalize the closing entries. If an amount box does not require an entry, leave it blank.


GENERAL JOURNAL PAGE      
DATE DESCRIPTION DOC. NO.   POST. REF. DEBIT CREDIT
20-- Closing Entries  
Dec. 31 Professional Fees           
       Income Summary           
     
Dec. 31 Income Summary           
       Wages Expense           
       Rent Expense           
       Depreciation Expense, Equipment           
       Miscellaneous Expense           
     
Dec. 31 Income Summary           
       C. Harris, Capital           
     
Dec. 31 C. Harris, Capital           
       C. Harris, Drawing           

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