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Complete information are given please help me get through this. It would mean a lot. Thank you! Synchronizationism Company began operations on January 1, 2019.

Complete information are given please help me get through this. It would mean a lot. Thank you!

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Synchronizationism Company began operations on January 1, 2019. During the year ended December 31, 2020, the accounting records have been maintained on a double-entry basis, but the cash basis of accounting has been employed. The trial balance prepared from these records on December 31, 2020 appeared as follows: Debit Credit Cash 1,500,000 Sales 4,000,000 Purchases 2,000,000 Expenses 1,500,000 Equipment 200,000 Share capital 2,000,000 Land 800,000 Building 1,500,000 Mortgage payable 900,000 Retained earnings 600,000 7,500,000 7,500,000

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