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The following adjusted trial balance contains the accounts and year - end balances of Cruz Company ( a sole proprietorship ) as of December 3
The following adjusted trial balance contains the accounts and yearend balances of Cruz Company a sole proprietorship as of December
Notes:
Prepare the closing entries in the logical order we studied.
The accounts in the postclosing trial balance should be in the same order as in the adjusted trial balance.
tableNoAccount Title,Debit,CreditCash,$Supplies,Prepaid insurance,Equipment,Accumulated depreciationEquipment,,$
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