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book Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver cover

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

النسخة 3الرقم المعياري الدولي: 978-0132962339
book Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver cover

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

النسخة 3الرقم المعياري الدولي: 978-0132962339
تمرين 29
Identifying and journalizing closing entries
Gunther recorded the following transactions and year-end adjustments during 2012:
Identifying and journalizing closing entries  Gunther recorded the following transactions and year-end adjustments during 2012:     Requirements  1. Assuming that there were no other service revenue and rent expense transactions during 2012, journalize Gunther's closing entries at the end of 2012. 2. Open T-accounts for Service revenue and Rent expense. Post the closing entries to these accounts. What are their balances after closing
Requirements
1. Assuming that there were no other service revenue and rent expense transactions during 2012, journalize Gunther's closing entries at the end of 2012.
2. Open T-accounts for Service revenue and Rent expense. Post the closing entries to these accounts. What are their balances after closing
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Closing entries:
 
Closing entries are ...

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Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
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