The adjusted trial balance of Mendoza Company SLU shows the following data pertaining to sales at the
Question:
Instructions
(a) Prepare the sales section of the income statement.
(b) Prepare separate closing entries for (1) sales, and (2) the contra accounts to sales.
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Related Book For
Financial Accounting
ISBN: 978-1118978085
IFRS 3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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