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Martinez Company has the following opening account balances in its general and subsidiary ledgers on January 1 and uses the periodic inventory system. All accounts

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Martinez Company has the following opening account balances in its general and subsidiary ledgers on January 1 and uses the periodic inventory system. All accounts have normal debit and credit balances. Post the journals to the general and subsidiary ledgers. Add and number new accounts in an orderly fashion as needed. (Post entries in the order of journal entries presented in the previous part. If the ending balance is O select Bal for the date and enter 0 for the normal balance for that account.) Martinez Company has the following opening account balances in its general and subsidiary ledgers on January 1 and uses the periodic inventory system. All accounts have normal debit and credit balances. Post the journals to the general and subsidiary ledgers. Add and number new accounts in an orderly fashion as needed. (Post entries in the order of journal entries presented in the previous part. If the ending balance is O select Bal for the date and enter 0 for the normal balance for that account.)

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