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Here is the problem information ********Here is the actual problem **********YOU ARE FILLING OUT THE GENERAL JOURNAL, THE ADJUSTING ENTERIES, AND THE CLOSING ENTERIES********** Molly's
Here is the problem information
********Here is the actual problem **********YOU ARE FILLING OUT THE GENERAL JOURNAL, THE ADJUSTING ENTERIES, AND THE CLOSING ENTERIES**********
Molly's Meal Delivery Service Molly's Meal Delivery service has been in business for seven years. The Chart of Accounts is below They provide "home-cooked" meals for corporate events as well as individual needs Molly's operates with a December 31, 20XX financial year-end Chart of Accounts Assets 101 140 145 150 175 175.1 176 176.1 Cash Food Supplies Kitchen Supplies Prepaid Rent Ovens Accum. Depr. - Ovens Kitchen Equipment Accum. Depr.- Kitchen Equipment Liabilities 201 210 Accounts Payable Wages Payable Owner's Equit 301 302 Molly Murphy, Capital Molly Murphy, Drawing Revenues 401 Meal Delivery Revenue Molly's Meal Delivery Service Molly's Meal Delivery service has been in business for seven years. The Chart of Accounts is below They provide "home-cooked" meals for corporate events as well as individual needs Molly's operates with a December 31, 20XX financial year-end Chart of Accounts Assets 101 140 145 150 175 175.1 176 176.1 Cash Food Supplies Kitchen Supplies Prepaid Rent Ovens Accum. Depr. - Ovens Kitchen Equipment Accum. Depr.- Kitchen Equipment Liabilities 201 210 Accounts Payable Wages Payable Owner's Equit 301 302 Molly Murphy, Capital Molly Murphy, Drawing Revenues 401 Meal Delivery RevenueStep by Step Solution
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