Based on the data presented in Exercise 5-8, journalize the closing entries.

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Financial and Managerial Accounting

ISBN: 978-0538480895

11th Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Oct 14, 2011 05:09 AM

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Based on the data presented in Exercise 5-8, journalize the closing entries.

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2012 Dec 31 Sales 3000000 Income Summary 3000000 31 Income Summary 2630000 ...View the full answer

Financial and Managerial Accounting

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