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Bramble Company ended its fiscal year on July 31, 2019. The companys adjusted trial balance as of the end of its fiscal year is shown
Bramble Company ended its fiscal year on July 31, 2019. The companys adjusted trial balance as of the end of its fiscal year is shown below.
Date Account Titles and Explanation Debit July 31 (To close revenue accounts) July 31 (To close expense accounts) July 31 (10 ciuse expraise accuritis) July 31 (To close net income / (loss)) July 31 (To close dividends) eTextbook and Media List of Accounts 208 Unearned Rent Revenue 311 Common Stock 320 Retained Earnings 25,60 332 Dividends 15,600 400 Service Revenue 64,10 429 Rent Revenue 6,300 711 Depreciation Expense 7,100 726 Salaries and Wages Expense 56,600 732 Utilities Expense 14,800 $127,900 $127,900 Bramble Company Adjusted Trial Balance July 31, 2019Step by Step Solution
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