Question
The F. Mercury, Capital account has a credit balance of $39,000 before closing entries are made. Total revenues for the period are $57,200, total expenses
The F. Mercury, Capital account has a credit balance of $39,000 before closing entries are made. Total revenues for the period are $57,200, total expenses are $40,800, and withdrawals are $9,800. What is the correct closing entry for the revenue accounts?
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Automotive Process Audits Preparations And Tools Practical Quality Of The Future
Authors: D. H. Stamatis
1st Edition
036775939X, 978-0367759391
