# The adjusted trial balance for yondel company at december 31, 2018 is presented below: accounts debit credit cash \$ 8,000 prepaid [Solved]

The adjusted trial steadiness for yondel firm at december 31, 2018 is offered under: accounts debit credit score money \$ 8,000 pay as you go lease 23,000 land 445,000 accounts payable \$ 12,000 salaries payable 20,000 widespread inventory 230,000 retained earnings 109,000 dividends 14,000 service income 340,000 salaries expense 160,000 lease expense 29,000 utilities expense 32,000 totals \$ 711,000 \$ 711,000 put together the closing entries for yondel firm for the yr ended december 31, 2018.

Rationalization: Money =8000 Pay as you go lease = 23,000 Land = 445000 Accounts payable = 12,000 Salaries payable = 20,000 Retained earnings = 109,000 Dividends = 14,000 Service income = 340,000 Salaries bills = 160,0000 Lease bills = 29,000 Utilities bills = 32,000 Internet earnings = Service income Salaries-Lease-Utilities- =340,000-160,000-29,000-32,000 = 119,000 Journal 1. Debit Service income 340,000 Credit score earnings abstract 340,000 2, Debit Revenue abstract 221,000 Credit score Salaries bills 160,000 Credit score Lease bills 29,000 Credit score Utilities bills 32,000 3 Debit Revenue abstract 119,000 Credit score retained earnings 119,000 4 Debit retained earnings 14,000 Credit score retained earnings 14,000

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