CALCULATOR FALSCREEN BACK Questions The ledger of Orice Company contains the following balances: Owner's Capital...
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CALCULATOR FALSCREEN BACK Questions The ledger of Orice Company contains the following balances: Owner's Capital $30.100, Owner's Drawings $2,300, Service Revenue $50,000, Salaries and Wages Expense $25,400, and Supplies Expense 57,400 Prepare the closing entries at December 31. (Credit account titles are automatically indented when amount is enteredt. De not indent manually.) Date Account Titles and Explanation Debit Credit Dec 31 (To do revenue Dec 31 (te de expense counts) Dec 31 (To con income ou Det (To close revenue account) Dec. 31 (To close expense accounts) Dec. 31 (To close net income/ (loss)) Dec. 31 (To close drawings) Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT
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