Knowledge Check
The company's adjusted trial balance includes the following accounts balances: Cash, $; Equipment, $; Accumulated Depreciation, $; Accounts Payable, $; Retained earnings, $; Dividends, $; Sales, $; Sales Returns and Allowances, $; Sales Discounts, $; Depreciation Expense, $; and Salaries Expense, $ All accounts have normal balances.
Prepare the second closing entry by selecting the account names from the pulldown menus and entering dollar amounts in the debit and credit columns.
Journal entry worksheet
The company's adjusted trial balance as follows includes the following accounts balances: Cash, $; Equipment, $; Accumulated Depreciation, $; Accounts Payable, $; Owner, Capital, $;
Owner, Withdrawals, $; Sales, $; Sales Returns and Allowances,
Note: Enter debits before credits.
