1. Open T-accounts for each of the following items: Cash; Prepaid Rent; Office Supplies; Automobile; Jeff Sims,...

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1. Open T-accounts for each of the following items: Cash; Prepaid Rent; Office Supplies; Automobile; Jeff Sims, Capital; Commissions Earned; and Gas and Oil Expense.

2. Post the transactions of Exercise 2-10 to the T-accounts. Omit posting reference numbers.

3. Prepare a trial balance of the T-accounts.

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Financial Accounting

ISBN: 9780256091939

5th Edition

Authors: Kermit D. Larson, Paul B. W. Miller

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