The adjusted trial balance of Silver Sign Company follows:
Click the icon to view the adjusted trial balance.
Requirements
Assume Silver Sign Company has a January yearend. Journalize Silver's closing entries at J
How much net income or net loss did Silver Sign Company earn for the year ended January
Close the Income Summary account.
tableDateAccounts and Explanation,Debit,CreditJan
IT
ro
& PM
$
Silver Sign Company Adjusted Trial Balance January
Account Title
Belance
Debit
Credit
Cash
ottice Supplies
Prepaid Rent
Equipment
Accumulated DepreciationEquipment
Accounts Payable
Salaries Payable
Unearned Revenue
Notes Payable longterm
aammon stock
tenguthas
Service Revenue
Salaries Expense
Rent Expense
Depreciation ExpenseEquipment
Supplies Expense
Utillities Expense
Total
$