Question
A company had revenues of $51,500 and expenses of $42,250 for the accounting period. The owner withdrew $5,650 in cash during the same period. Which
| A company had revenues of $51,500 and expenses of $42,250 for the accounting period. The owner withdrew $5,650 in cash during the same period. Which of the following entries could not be a closing entry? |
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Case Studies In Forensic Accounting And Fraud Auditing
Authors: Professor D. Larry Crumbley, Wilson LaGraize, Christopher E. Peters
2nd Edition
0808041932, 978-0808041931
