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Green-Hope Corporation is a local grocery store organized seven years ago as a corporation. The store is in an excellent location, and sales have increased
Green-Hope Corporation is a local grocery store organized seven years ago as a corporation. The store is in an excellent location, and sales have increased each year. The bookkeeper prepared the following trial balance: Green-Hope Grocery Store Trial Balance for the year ended December 31, 2022 Debit Credit Cash 20,000 Accounts receivable 35,000 Equipment 130,000 Accumulated Depreciation: Equipment 10,500 Sales 420,000 Cost of Goods Sold 279,000 Sales Returns and Allowances 10,000 Sales Discounts 6,000
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