After closing its accounts at March 31, 2014, Watts Home Services had the following balances: Prepare Watts

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After closing its accounts at March 31, 2014, Watts Home Services had the following balances:

Equipment. $1,600 Cash.. 1,600 Service Revenue. 4,000 Will Watts, Capital. O Supplies . 1,800 Accumulated Amortization-

Prepare Watts Home Services' post closing trial balance at March 31, 2014.
List accounts in proper order, as shown in Exhibit 4-11.

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Accounting Volume 1

ISBN: 978-0132690096

9th Canadian edition

Authors: Charles T. Horngren, Walter T. Harrison, Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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Question Posted: Sep 16, 2017 07:50 AM

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After closing its accounts at March 31, 2014, Watts Home Services had the following balances: Prepare Watts

Question:

Equipment. $1,600 Cash.. 1,600 Service Revenue. 4,000 Will Watts, Capital. O Supplies . 1,800 Accumulated Amortization- Equipment.. Long-Term $8,500 Liabilities. Other Assets. Accounts Receivable. 800 8,900 300 Total Expenses. Accounts Payable. Unearned Service 2,000 Revenue. Revenue 900

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Watts Home Services Post closing Trial Balance March 31 2014 ...View the full answer

Accounting Volume 1

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