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Prepare the closing journal entries for Blowing Rock Stage Theatre

Prepare the closing journal entries for Blowing Rock Stage Theatre



At March 31, account balances after adjustments for Blowing Rock Stage Theatre are as follows:
		Account Balances
	Accounts	(After Adjustment)
Cash	$  6,000
Concession Supplies	4,000
Theatre Equipment	50,000
Accumulated Depreciation—Theatre Equipment	12,000
Accounts Payable	5,000
Share Capital-Ordinary	4,000
Retained Earnings	16,000
Dividends	12,000
Ticket Revenues	60,000
Concession Revenues	51,000
Advertising Expense	12,000
Concession Supplies Expense	19,000
Depreciation Expense	4,000
Miscellaneous Expense	16,000
Rent Expense	12,000
Salaries Expense	18,000
Utilities Expense	5,000

Instructions
Prepare the closing journal entries for Blowing Rock Stage Theatre.





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31 Mar 2016

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  1. Genius

    Prepare the closing journal entries for Blowing Rock Stage Theatre

    Prepare the closing journal entries for Blowing Rock ****** ******
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