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Business, 14.02.2020 04:24 brookefrancett

Seminoles Corporation’s fiscal year-end is December 31, 2021. The following is a partial adjusted trial balance as of December 31.
Accounts Debit Credit
Retained Earnings $ 13,000
Dividends $ 1,300
Service Revenue 33,000
Interest Revenue 4,300
Salaries Expense 13,300
Rent Expense 4,300
Advertising Expense 1,300
Depreciation Expense 9,300
Interest Expense 3,300
Required:
1. Prepare the necessary closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

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Seminoles Corporation’s fiscal year-end is December 31, 2021. The following is a partial adjusted tr...
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