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Requirements 1. Record each transaction in the journal. Be sure to record the date in each entry. Explanations are not required. 2. Post the transactions

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Requirements 1. Record each transaction in the journal. Be sure to record the date in each entry. Explanations are not required. 2. Post the transactions to the T-accounts, using transaction dates as posting references. Determine the ending balance in each account 3. Prepare the trial balance of Smith Services, Inc, at July 31 of the current year. 4. David Smith, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether July was profitable (and by how much). hamal toty Juraal Entry Bose Acetents Sournal Fintry Thatienouren Arountores

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