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QS 4-6 Prepare closing entries from the ledger The ledger of Mai Company includes the following accounts with normal balances: D. Mai, Capital $9,000; D.
QS 4-6 Prepare closing entries from the ledger The ledger of Mai Company includes the following accounts with normal balances: D. Mai, Capital $9,000; D. Mai, Withdrawals $800; Services Revenue $13,000; Wages Expense $8,400; and Rent Expense $1,600. Prepare the necessary closing entries from the available information at December 31
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Auditing Cases
Authors: Frank A. Buckless, Mark. S. Beasley, Steven M. Glover, Douglas F. Prawitt
1st Edition
978-0130800015
