Description
Use the information provided below to prepare closing entries on 12/31/2014 and then prepare the
post-closing trial balances as of 12/31/2014.
post-closing trial balances as of 12/31/2014.
EZ Inc
Income Statement
For the year ended December 31, 2014
Service revenue $19,000
Expenses
Supplies expense 500
Salaries expense 4,000
Rent expense 1,500
Total expenses $6,000
Net income 13,00Â
and other  Â
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