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Question 1 20 Points The following is Green Co.'s Pre-Closing Trial Balance as of December 31, 2017. Green's accounting period is a month, thus the

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Question 1 20 Points The following is Green Co.'s Pre-Closing Trial Balance as of December 31, 2017. Green's accounting period is a month, thus the balances in the temporary accounts are for the month of December 2017. (Note that the accounts are not listed in their normal sequence -- rather they are listed in alphabetical sequence.) _Debit _Credit 26,000 28.850 10.000 12.500 68.000 73.000 150 Account Name Accounts Payable Accounts Receivable Cash Common Stock Cost of Goods Sold Equipment Interest Expense Interest Payable Inventory Note Payable Retained Earnings Sales Revenue Supplies Expense Wages Expense Total 500 45.000 21.000 53,000 179.000 7,000 60,000 292,000 292.000 Place the accounts in the correct order. ext style BI y XXS - Ef % O Use the editor to format your answer Word count: 0 In the General Journal below, enter the journal entry that should be made to close the Revenue account(s). [ a description below the journal entry is not required) Use the editor to format your answer Question 3 20 Points In the General Journal below, enter the journal entry that should be made to close the Expense accounts. [a description below the journal entry is not required ] Use the editor to format your answer Question 4 20 Points Based on Green's account balances, the amount of Net Income that would be shown on the Income Statement for December 2017 would be: BLANK-1 BLANK-1 Add your answer 20 Points Question 5 Based on Green's account balances, the Retained Earnings amount that would be shown on the Balance Sheet as of December 31, 2017 would be: BLANK-1 BLANK-1 Add your

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