Enter the appropriate amount or item in the shaded cells. An asterisk (*) will appear next to an incorrect item or amount in the outlined cells.
Account Debited Transaction (1) (2) (3) Type Asset Asset Asset # # # Effect + + +
Unit 9, Chapter 7 Practice Exercises
Instructions for template use: The following template is provided to you to assist you with the homework assignments. The areas shaded in green are the areas of the template in which you should place your answers
Use the following worksheet to answer the following questions. The journal entry to close revenues would be: (Points: 2) debit Income Summary $141,000, credit Fees Earned $141,000 debit C. Finley, Capital $141,000, credit Fees Earned $141,000 debit Fees E