Beginning balance in Capital is $80,000.Revenues are $60,000.Expenses are $75,000.No withdrawals were taken.The ending balance in Capital is $95,000.
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Q46: Beginning balance in Capital is $80,000.Revenues are
Q47: Accounts payable is a temporary account.
Q48: Using the following worksheet for Alcazar Service
Q49: Supplies is a temporary account.
Q50: Salaries payable is a permanent account.
Q52: Asset and liability accounts are closed to
Q53: Permanent accounts are NOT closed at the
Q54: Using the following worksheet for Alcazar Service
Q55: Supplies expense is a temporary account.
Q56: The last step in the closing process
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