A portion of the work sheet of Habib Company for the year ended December 31 follows. Required

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A portion of the work sheet of Habib Company for the year ended December 31 follows.

Required
1. Determine the entries that appeared in the Adjustments columns and present them in general journal form on page 41.
2. Determine the net income for the year.
3. What is the amount of the endingcapital?

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College Accounting

ISBN: 978-1111528126

11th edition

Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille

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Question Posted: Oct 21, 2014 02:27 AM

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A portion of the work sheet of Habib Company for the year ended December 31 follows. Required

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1 GENERAL JOURNAL PAGE 41 POST DATE DESCRIPTION REF DEBIT CREDIT 20 Adju...View the full answer

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