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Comprehensive Problem On July 31, 2020, the end of its most recent fiscal year, Elizabeth River Business Consultants' post- closing trial balance was as follows:
Comprehensive Problem On July 31, 2020, the end of its most recent fiscal year, Elizabeth River Business Consultants' post- closing trial balance was as follows: Debit Credit Accounts Cash 26,150 Accounts receivable 6,000 Supplies 3,450 Accounts payable 2,000 Unearned service revenue 5,600 Common stock 18,000 Retained earnings 10,000 $ 35,600 $ 35,600 The company engaged in the following transactions during August 2020, and adjusts its acco monthly: Comprehensive Problem On July 31, 2020, the end of its most recent fiscal year, Elizabeth River Business Consultants' post- closing trial balance was as follows: Debit Credit Accounts Cash 26,150 Accounts receivable 6,000 Supplies 3,450 Accounts payable 2,000 Unearned service revenue 5,600 Common stock 18,000 Retained earnings 10,000 $ 35,600 $ 35,600 The company engaged in the following transactions during August 2020, and adjusts its acco monthly
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