Maurice Tutor

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About Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 3 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 15 Feb 2018 My Price 4.00

Bonita Pines Golf Club Inc

The income statement for the Bonita Pines Golf Club Inc. for the month ended July 31 shows Service Revenue $16,000, Salaries and Wages Expense $8,400, Maintenance and Repairs Expense $2,500, and Income Tax Expense $1,000. The statement of retained earnings shows an opening balance for Retained Earnings of $20,000 and Dividends $1,300.

(a) Prepare closing journal entries.

(b) What is the ending balance in Retained Earnings?

 

Answers

Maurice Tutor
(5)
Status NEW Posted 15 Feb 2018 10:02 PM My Price 4.00

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