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b) The worksheet for Carey Company shows the following table-3 in the financial statement columns: Carey, Drawing Carey, Capital $15,000 $42,000 Net Income $8,000
b) The worksheet for Carey Company shows the following table-3 in the financial statement columns: Carey, Drawing Carey, Capital $15,000 $42,000 Net Income $8,000 Table-3 Required: Prepare the closing entries at December 31 that affect owner's capital. 5 (CO2) (PO2)
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Payroll Accounting 2016
Authors: Jeanette Landin, Paulette Schirmer
2nd edition
978-1259821950, 1259821951, 1259572196, 978-1259572197
