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Here is the end-of-year account balance information from the accounting records of Jaunty Coffee Company: Which debit or credit would appear in the closing entries
Here is the end-of-year account balance information from the accounting records of Jaunty Coffee Company: Which debit or credit would appear in the closing entries for the year? Credit to sales revenue for $10,000. Credit to inventory for $4,000. Credit to cost of goods sold for $9,000. Debit to dividends for $700
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