Use the following adjusted trial balance information to prepare closing entries for Tl Company at December 31,
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Account Debit Credit Accounts payable Accumulated depreciation, building Advertising expense Depreciation expense Building Cash Cost of goods sold Merchandise inventory Sales Sales discounts Sales returns and allowances Tony Ingram, capital Tony Ingram, withdrawals 50 25 10 70 4 23
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0071051507
Volume I, 14th Canadian Edition
Authors: Larson Kermit, Tilly Jensen
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