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The following post - closing trial balance was drawn from the accounts of Little Grocery Supplier ( LGS ) as of December 3 1 ,

The following post-closing trial balance was drawn from the accounts of Little Grocery Supplier (LGS) as of December 31, Year 1.
\table[[,Debit,Credit],[Cash,$9,000,],[Accounts receivable,41,000,],[Allowance for doubtful accounts,78,000,$2,500
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