Business
Business, 10.12.2019 01:31, leoniandreww

Below is the trial balance for evans co. before closing entries are made for the year. accounts payable 150 accounts receivable 325 cash 140 contributed capital 1000 cost of goods sold 1450 dividends 70 equipment 900 insurance expense 235 inventory 850 long-term debt 1375 prepaid insurance expense 100 rent revenue 500 retained earnings (beginning) 225 sales revenue 1500 deferred rent revenue 40 using the information above, which one of the following would appear in the closing entries for the year?

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Below is the trial balance for evans co. before closing entries are made for the year. accounts paya...

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