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need help filling out charts in photo #2 given information from photo #1. thank you all!! Exercise 211 a-b Bush Company had the following account
need help filling out charts in photo #2 given information from photo #1. thank you all!!
Exercise 211 a-b Bush Company had the following account balances at year-end: cost of goods sold $85,000; inventory $15,000; operating expenses $29,000; sales revenue $135,000; sales discounts $1,300; and sales returns and allowances $2,600. A physical count of Inventory determines that inventory on hand is $14,100 Account Titles and Explanation Credit Debit LINK TO TEXT Prepare closing entries. (Credit account titles are automatically indented when i Account Titles and Explanation Debit Credit (To close credit balance accounts.) (To close accounts with debit balances.) (To transfer net income to capital.) Step by Step Solution
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