Homework answers / question archive / At March 31, SOME of account balances after adjustments for "ABC" Company are as follows: Sales Revenues $75,000 Equipment $62,500 Service Revenues $40,000 Capital $37,500 Rent Revenues $25,000 Supplies Expense $23,750 Salaries Expense $22,500 Interest Expense $20,000 Accumulated Depreciation $15,000 Dividends $15,000 Advertising Expense $15,000 Rent Expense $15,000 Cash $7,500 Accounts Payable $6,250 Utilities Expense $7,500 Supplies Depreciation Expense $5,000 $5,000 Based on the above-given information, answer the following questions: 1

At March 31, SOME of account balances after adjustments for "ABC" Company are as follows: Sales Revenues $75,000 Equipment $62,500 Service Revenues $40,000 Capital $37,500 Rent Revenues $25,000 Supplies Expense $23,750 Salaries Expense $22,500 Interest Expense $20,000 Accumulated Depreciation $15,000 Dividends $15,000 Advertising Expense $15,000 Rent Expense $15,000 Cash $7,500 Accounts Payable $6,250 Utilities Expense $7,500 Supplies Depreciation Expense $5,000 $5,000 Based on the above-given information, answer the following questions: 1

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At March 31, SOME of account balances after adjustments for "ABC" Company are as follows: Sales Revenues $75,000 Equipment $62,500 Service Revenues $40,000 Capital $37,500 Rent Revenues $25,000 Supplies Expense $23,750 Salaries Expense $22,500 Interest Expense $20,000 Accumulated Depreciation $15,000 Dividends $15,000 Advertising Expense $15,000 Rent Expense $15,000 Cash $7,500 Accounts Payable $6,250 Utilities Expense $7,500 Supplies Depreciation Expense $5,000 $5,000 Based on the above-given information, answer the following questions: 1. The credit side of the revenue closing entry must be with an amount of 2. The debit side of the Expense closing entry must be with an amount of 3. The credit side of the Dividends closing entry must be with an amount