set up the accounts for the general ledger and insert the beginning balances for the accounts from
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set up the accounts for the general ledger and insert the beginning balances for the accounts from the post-closing trial balance. The balances from the post-closing trial balance become the beginning balances of the accounts for the next account period. On January 1, 2018, a payment in cash for $12,000 is made for prepaying rent for the entire year 2018. On January 4, 2018, accounting services are performed and payment is received in cash for the amount of $1,900. On January 9, 2018, a paymen
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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