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CALCULATOR PRINTER VERS Question 9 Ivanhoe Company ended its fiscal year on July 31, 2017. The company's adjusted trial balance as of the end of
CALCULATOR PRINTER VERS Question 9 Ivanhoe Company ended its fiscal year on July 31, 2017. The company's adjusted trial balance as of the end of its fiscal year is as shown below. IVANHOE COMPANY Adjusted Trial Balance July 31, 2017 No. Account Titles Debit Credit 101 Cash 9,744 112 Accounts Receivable 8,777 157 Equipment 15,568 158 Accumulated Depreciation-Equip. 5,272 201 Accounts Payable 2,428 208 Unearned Rent Revenue 4,277 311 Share Capital-Ordinary 17,428 320 Retained Earnings 20,327 332 Dividends 11,866 400 Service Revenue 64,677 429 Rent Revenue 6,915 711 Depreciation Expense 3,962 726 Salaries and Wages Expense 55,920 732 Utilities Expense 15,487 121,324 121,324 Prepare the closing entries. Use account # 350 for income summary. (Credit account titles are automatically indented when amount is entered. D manually.) Date Account Titles and Explanation Ref. Debit Credit re to search O Doll e ENG CALCULATOR PRINTER VERSION
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