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Question

E4.20 (LO

style="background-color:rgb(244,237,117);"> 4), AP A partial adjusted trial balance for Ramon Company is given in E4.15.

Prepare closing entries.

Instructions

Prepare the closing entries at January 31, 2022.

Ramon Company

Adjusted Trial Balance

January 31, 2022

Debit

Credit

Supplies

$ 700

Prepaid Insurance

1,560

Salaries and Wages Payable

$1,060

Unearned Service Revenue

750

Supplies Expense

950

Insurance Expense

520

Salaries and Wages Expense

1,800

Service Revenue

4,000

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closing journal entries.jpg

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