At December 31,20A,the following adjusting entries were recorded in the accounts of ABC Company:
There were no other accrued receivables or payables on ABC's books in 20A.
The balances in the following accounts immediately after the closing entries were posted would be:

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The Answer of At December 31,20A,the following adjusting entries were recorded in the accounts of ABC Company:
There were no other accrued receivables or payables on ABC's books in 20A.
The balances in the following accounts immediately after the closing entries were posted would be:

At December 31,20A,the Following Adjusting Entries Were Recorded in the Accounts