From the following transactions for Lowe Company for the month of July, a. Prepare journal entries (assume
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a. Prepare journal entries (assume that it is page 1 of the journal).
b. Post to the ledger (use three-column account style).
c. Prepare a trial balance.
A partial chart of accounts includes: Cash, 111; Accounts Receivable, 112; Equipment, 121; Accounts Payable, 211; J. Lowe, Capital, 311; J. Lowe, Withdrawals, 312; Fees Earned, 411; Salaries Expense, 511.
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Related Book For
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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