An accountant prepared the following post-closing trial balance: Prepare a corrected post-closing trial balance. Assume that all
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Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown arecorrect.
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Honest Sam's Repair Co. Post-Closing Trial Balance July 31, 2008 Debit Balances Balances Credit Cash. 2,770 88,200 Equipment 3,780 7,560 95,445 Samantha Marcus, Capital.. 206,260 94750
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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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