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Requirement 2. T-accounts have been opened for each of the accounts. Post the journal entries to the T-accounts, using transaction dates as posting references in
Requirement 2. T-accounts have been opened for each of the accounts. Post the journal entries to the T-accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account Bal. We will post to the accounts one transaction at a time. Begin by posting the events from the 1 st. Sep. 1: Received $41,000 cash and gave capital to Steven. (We will post to the accounts one transaction at a time. Post only the transaction from September 1 in this step.) More info Requirement 2. T-accounts have been opened for each of the accounts. Post the journal entries to the T-accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account Bal. We will post to the accounts one transaction at a time. Begin by posting the events from the 1 st. Sep. 1: Received $41,000 cash and gave capital to Steven. (We will post to the accounts one transaction at a time. Post only the transaction from September 1 in this step.) More info
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