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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
preparation of Closing Entries
SE10. Katsu Company’s adjusted trial balance on December 31, 2014, contains the fol- lowing accounts and balances: F. Katsu, Capital, $8,600; F. Katsu, Withdrawals, $350; Service Revenue, $2,600; Rent Expense, $400; Wages Expense, $900; Utilities Expense,
$200; and Telephone Expense, $50. Prepare the closing entries.
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