Required information [The following information applies to the questions displayed below] The following is a list of accounts and adjusted amounts for Rollcom, Incorporated, for the fiscal year ended September 30, 2021. The accounts have normal debit or credit balances. Accounts Payable Accounts Receivable Accumulated Depreciation Cash Common Stock Equipment Income Tax Expense Notes Payable (long-term) office Expense Rent Expense Retained Earnings Salaries and Wages Expense Sales Revenue Supplies $ 38,700 66,100 21,100 79,900 94,400 View transaction list 90,300 10,460 1,460 6,260 163,800 99 160 128,300 324,500 34,800 2. Prepare the closing entry required at September 30, 2021. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) U

Required information [The following information applies to the questions displayed below] The following is a list of accounts and adjusted amounts for Rollcom, Incorporated, for the fiscal year ended September 30, 2021. The accounts have normal debit or credit balances. Accounts Payable Accounts Receivable Accumulated Depreciation Cash Common Stock Equipment Income Tax Expense Notes Payable (long-term) office Expense Rent Expense Retained Earnings Salaries and Wages Expense Sales Revenue Supplies $ 38,700 66,100 21,100 79,900 94,400 View transaction list 90,300 10,460 1,460 6,260 163,800 99 160 128,300 324,500 34,800 2. Prepare the closing entry required at September 30, 2021. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) U

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Description: !Required information[The following information applies to the questions displayed below]The following is a list of accounts and adjusted amounts for Rollcom, Incorporated, for the fiscal year ended September30, 2021. The accounts have normal debit

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter14: Activities Required In Completing A Quality Audit

Section: Chapter Questions

Problem 65RSCQ

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