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Not sure why it is wrong but please help me correct it. Enter the December 1 balances in the ledger T-accounts and post the December
Not sure why it is wrong but please help me correct it.
Enter the December 1 balances in the ledger T-accounts and post the December transactions. Also post the above adjusting entries. (Post entries in the order of journal entries presented above.)
Comprehensive Problem 5 (Part Level Submission) On December 1, 2014, Jurczyk Distributing Company had the following account balances. Debit Credit Cash Accounts Receivable Inventory Supplies Equipment $2,332 4,760 1,050 29,690 10,958 $48,790 $7,120 Accumulated Depreciation-Equipment 4,980 Accounts Payable 12,020 Salaries and Wages Payable 1,350 Common Stock 23,320 Retained Earnings $48,790 During December, the company completed the following summary transactions
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