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This is a partial adjusted trial balance of Ramon Company

Accounting

This is a partial adjusted trial balance of Ramon Company.

RAMON COMPANY
Adjusted Trial Balance
January 31, 2017
    Debit   Credit
Supplies   $700    
Prepaid Insurance   1,560    
Salaries and Wages Payable       $1,060
Unearned Service Revenue       750
Supplies Expense   950    
Insurance Expense   520    
Salaries and Wages Expense   1,800    
Service Revenue       4,000


Prepare the closing entries at January 31, 2017. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Date

Account Titles and Explanation

Debit

Credit

Jan. 31

(To close revenue account)

Jan. 31

(To close expense accounts)

Jan. 31

(To close net income / (loss))

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