Calculate the abstract of accounts from the general ledger


Prepare closing entries given the following abstract of accounts from the general ledger.


Debits

Credits

Revenues


$100,000

Interest Income


1,100

Wages & Salaries

$40,000


Utilities

6,500


Insurance

5,000


Rent

20,000


Telephone

12,000


Dividends

5,000

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Accounting Basics: Calculate the abstract of accounts from the general ledger
Reference No:- TGS0556164

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