Match each transaction with the type of entry that will be required at April 30, the company's year-end.
A. The company provides lawn care in April for customers who will be billed and make payment in May.
B. The company owes interest on loans for the month of April and will not pay this interest until May.
C. The company records income taxes.
D. The weekly payroll of $5,000 to be paid next week is recorded.
E. The company transfers revenues of $50,000 and expenses of $32,000 to Retained Earnings.
F. The company transfers the balance in the Dividends account of $1,200 to Retained Earnings.
G. The company has $8,300 in Prepaid Rent at the beginning of April and uses $3,600 of that for its April rent.
H. The company uses $1,600 worth of fertilizer from its stock of supplies.
I. The company provides lawn care in April for customers who paid in March.
J. The company makes an entry to allocate the use of equipment during the current account period.
A. Accrual adjusting entry
B. Accrual adjusting entry
C. Accrual adjusting entry
D. Accrual adjusting entry
E. Closing entry
F. Closing entry
G. Deferral adjusting entry
H. Deferral adjusting entry
I. Deferral adjusting entry
J. Deferral adjusting entry
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