Morris Inc. showed the following adjusted information on November 30, 2020, its second year-end: a. Prepare the
Question:
Morris Inc. showed the following adjusted information on November 30, 2020, its second year-end:
a. Prepare the appropriate closing entries.
b. Prepare a statement of changes in equity for the year ended November 30, 2020. No shares were issued during the second year.
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a 2020 Nov 30 Revenues 87000 Income Summary 87000 To close revenues to the income s...View the full answer
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Related Book For 
Fundamental Accounting Principles Volume II
ISBN: 978-1260305838
16th Canadian edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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