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Kelly Consulting Closing Entries


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Kelly Consulting Closing Entries. Kelly consulting closing entries date description debit credit may 31 fees earned $ 40,000 income summary $ 40,000 31. If you look at the closing retained earnings it is $ 35,225 but the net figure of current net income less dividends comes to $ 22,925.

[Solved] Journalize each of the May transactions using Kelly Consulting
[Solved] Journalize each of the May transactions using Kelly Consulting from www.coursehero.com

It includes entries for cash received and paid, revenue and expenses recorded, and adjusting entries at the end of the month. (do not insert the account numbers in. At the end of may, the following adjustment data were assembled.

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[Solved] Journalize each of the May transactions using Kelly Consulting

(do not insert the account numbers in. (do not insert account numbers in the post. The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. Then, using the attached spreadsheet from part 2, post the entries to your general ledger.

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