Making closing entries Howe Audio Equipment, Inc.'s, accounting records carried the following selected accounts at April 30, 2012: 11eb8258_950a_115a_bb02_95e98e9c554e_SM1625_00 Requirements 1. Journalize the closing entries at April 30, 2012. 2. Set up T-accounts for Income summary and Retained earnings. Post the closing entries to the T-accounts and calculate their ending balances.

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

النسخة 3الرقم المعياري الدولي: 978-0132962339

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

النسخة 3الرقم المعياري الدولي: 978-0132962339

تمرين 25

Making closing entries
Howe Audio Equipment, Inc.'s, accounting records carried the following selected accounts at April 30, 2012:

Requirements
1. Journalize the closing entries at April 30, 2012.
2. Set up T-accounts for Income summary and Retained earnings. Post the closing entries to the T-accounts and calculate their ending balances.

التوضيح

موثّق

T-accounts are summary devices that are ...