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Get an answer from tutors to this homework question now: On the basis of the following data taken from the Adjusted Trial Balance columns of
Get an answer from tutors to this homework question now: On the basis of the following data taken from the Adjusted Trial Balance columns of the work sheet for the year ended October 31 for Shore Co., journalize the four closing entries. Cash$ 30,000 Accounts Receivable 45,200 Supplies 5,000 Equipment 169,900 Accumulated Depreciation$ 32,000 Accounts Payable 12,500 Stan Shore, Capita 71,600 Stan Shore, Drawing 47,000 Fees Earned 510,000 Salary Expense 244,500 Rent Expense 48,000 Depreciation Expense 25,000 Supplies Expense9,500 Miscellaneous Expense 2,000 $626,100 $626,100
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