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Completing the Accounting Cycle 221 closing entries from T-accounts Learning Objective 3 Preparing for Kebby...

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Accounting

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Completing the Accounting Cycle 221 closing entries from T-accounts Learning Objective 3 Preparing for Kebby Photography at December 31, 2018, follow: Kebby, Capital 49,000 Service Revenue 33,000 4,500 Kebby, Withdrawals 14,000 Salaries Expense Supplies Expense 31,800 2,700 ,400 Depreciation Expense-Building Depreciation Expense -Furniture 7,000 1,500 Requirements L. Journalizre Kebby Photography's closing entries at December 31, 2018. 2 Dtermine Kebby Photography's ending Kebby, Capital balance at December 31, 2018

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