The ledger accounts given below, with an identification number for each, are used by Kiner Company. Instructions:
Question:
The ledger accounts given below, with an identification number for each, are used by Kiner Company.
Instructions:
Prepare appropriate entries for the month of August by placing the appropriate identification number(s) in the debit and credit columns provided and the dollar amounts pertaining to each account in the adjoining columns.
1. Cash
2. Accounts Receivable
3. Notes Receivable
4. Merchandise Inventory
5. Office Supplies
6. Land
7. Accounts Payable
8. Sales Returns and Allowances
9. Sales Discounts
10. Sales
11. Cost of Goods Sold
12. Freight-out
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Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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