Shores Sports rents canoes and kayaks. Below is the adjusted trial balance at December 31.
The entry required to close the expense accounts at the end of the period includes a:

Question

Shores Sports rents canoes and kayaks. Below is the adjusted trial balance at December 31.    
The entry required to close the expense accounts at the end of the period includes a:

Quizplus · Accepted Answer

Total expenses = Wages expense + Depreciation expense + Utilities expense + Insurance expense + Maintenance expense + Income tax expense = $19,000 + $1,800 + $320 + $700 + $9,000 + $2,700 = $33,520 11ea84e6_b026_f998_9a63_6f3d8f1622d4_TB2281_00_TB2281_00

Shores Sports Rents Canoes and Kayaks