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book College Accounting 2nd Edition by David Haddock, John Price,Michael Farina cover

College Accounting 2nd Edition by David Haddock, John Price,Michael Farina

النسخة 2الرقم المعياري الدولي: 978-0073396958
book College Accounting 2nd Edition by David Haddock, John Price,Michael Farina cover

College Accounting 2nd Edition by David Haddock, John Price,Michael Farina

النسخة 2الرقم المعياري الدولي: 978-0073396958
تمرين 8
Recording closing entries.
On December 31, 2013, the Income Statement section of the worksheet for Thomason Company contained the following information. Give the entries that should be made in the general journal to close the revenue, cost of goods sold, expense, and other temporary accounts. Use journal page 16.
INCOME STATEMENT SECTION
Recording closing entries.  On December 31, 2013, the Income Statement section of the worksheet for Thomason Company contained the following information. Give the entries that should be made in the general journal to close the revenue, cost of goods sold, expense, and other temporary accounts. Use journal page 16. INCOME STATEMENT SECTION      Assume further that the owner of the firm is Bobby Thomason and that the Bobby Thomason, Drawing account had a balance of $26,200 on December 31, 2013.
Assume further that the owner of the firm is Bobby Thomason and that the Bobby Thomason, Drawing account had a balance of $26,200 on December 31, 2013.
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Prepare closing entries:
In order to co...

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College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
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