Michael Rau founded Michaels Fishing Supplies on 1 July 2019. The adjusted trial balance at 30 June

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Michael Rau founded Michael’s Fishing Supplies on 1 July 2019. The adjusted trial balance at 30 June 2020 (the end of the financial year) is shown below.

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(a) Prepare closing entries to be made on 30 June 2020.

(b) Prepare a post‐closing trial balance as at 30 June 2020.

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Accounting

ISBN: 9780730363224

10th Edition

Authors: John Hoggett, John Medlin, Keryn Chalmers, Beattie Claire, Hellmann Andreas, Maxfield Jodie

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