At the end of the financial year, prepare the general journal to close out the accounts. Post
Question:
At the end of the financial year, prepare the general journal to close out the accounts. Post the journal to the T accounts shown in figure 9.18.
Transcribed Image Text:
Discount Received Balance Commission Received Balance 400 700 Profit and Loss Interest Received Balance Dividend Received Balance 350 800
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Related Book For
Accounting An Introduction To Principles And Practice
ISBN: 9780170403832
9th Edition
Authors: Edward A. Clarke, Michael Wilson
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