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AnC Afunts and ckoses quarterhy its fiscal ywar matches the calendar year. ABC Corpoatim's post - clasing trial halance shows the following account balances for
AnC Afunts and ckoses quarterhy its fiscal ywar matches the calendar year. ABC
Corpoatim's postclasing trial halance shows the following account balances for
Cash and Accounts Aecelvable as of both balances are normai:
Show the fournal entries for the following three transactions and the balances in
the Cash and Accounts Recelvable accounts at then end of October le
arter recording the three transactions
Question points
O ABC selts servkes on account totaling $ points Question points
On AC recelves $ for services to be performed at a future date
points.
Question points
On ABC pays $ for February s rent points Question points
Using Taccounts, find the balance in the Cash and Accounts Receivable accounts
after ab and c have been posted. Note: no need to include post references and
there are more lines than are needed.
Pwagr
Please note: the Taccounts do not have the vertical lines or the double
underline at the bottom I was unable to add those
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