Apachi Company ended its fiscal year on July 31, 2011. The companys adjusted trial balance as of
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Instructions
(a) Prepare the closing entries using page J15.
(b) Post to Retained Earnings and No. 350 Income Summary accounts. (Use the three-column form.)
(c) Prepare a post-closing trial balance at July31.
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a General Journal J15 Date Account Titles Ref Debit Credit July 31 Commission Revenue 404 65000 Rent ...View the full answer
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Related Book For 
Financial Accounting
ISBN: 978-0470507018
7th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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