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Prepare the closing journal entries for Feni Industries

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Question - The following accounts with balances appear on the Feni Industries Adjusted Trial Balance on December 31, 2019.

Service Revenue $11,900

Rent Expense 4,200

Salaries Expense 1,300

Cash 500

Accounts payable 800

Feni Industries, Withdrawals 2,700

Unearned service revenue 2,350

Feni Industries, Capital 7,000

Required - Prepare the closing journal entries for Feni Industries.

Reference no: EM132498268

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