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Supplies $1,000 Cash IBO Equipment WBO $11,000 $500 $8,000 $100 ACC REC $700 Owners Capital $22,000 ACC PAY REVENUES EXPENSES $2,000 $15,000 $7,500 Using
Supplies $1,000 Cash IBO Equipment WBO $11,000 $500 $8,000 $100 ACC REC $700 Owners Capital $22,000 ACC PAY REVENUES EXPENSES $2,000 $15,000 $7,500 Using the simplified partial ledger of accounts, prepare the closing entries for this company to get ready for the next accounting period
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
