Dindorf Company
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Title: Dindorf Company

Essay Details:

Subject: Business
Author: Adolfo M
Date: December 30, 2015
Grade: A
Length: 2 / 504

Essay text:

$3,575 To Accrued Sales Salaries $3,575 (7) Interest Receivable Dr $390 To Interest Income $390 Closing entries are: (a) Profit and Loss Dr. $24,900 To Selling Expense $24,900 (b) Profit and Loss Dr $109,325 To Sales Salaries $109,325 (c) Profit and Loss Dr $31,000 To Miscellaneous General Expenses $31,000 (d) Profit and Loss Dr $6,220 To Sales Discounts $6,220 (e) Profit and Loss Dr $13,030 To Interest Expense $13,030 (f) Profit and Loss Dr $9,600 To Social Security Taxes $9,600 (g) Sales Dr. $716,935 To Profit and Loss $716,935 (h) Profit and Loss Dr $302,990 To Cost of Goods Sold $302,990 (i) Profit and Loss Dr $12,750 To Depreciation Expense $12,750 (j) Profit and Loss Dr $10,265 To Supplies Expense $10,265 (k) Profit and Loss Dr $4,660 To Insurance Expense $4,660 (l) Interest Income $390 To Profit and Loss $390 (m) Profit and Loss Dr $192,585 To Retained Earnings $192,585 Cash and Equivalents Accounts Receivable $119,115 $162...

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