Assuming that withdrawals during the accounting period were $1,600, prepare the entry in journal form to close

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Assuming that withdrawals during the accounting period were $1,600, prepare the entry in journal form to close the R. Shah, Withdrawals account to the R. Shah, Capital account. The accounting period ends December 31.

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Principles of Accounting

ISBN: 978-1439037744

11th Edition

Authors: Needles, Powers, crosson

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Question Posted: Feb 23, 2012 12:29 AM

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Assuming that withdrawals during the accounting period were $1,600, prepare the entry in journal form to close

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Dec 31 R Shah Capital 1600 R Shah W...View the full answer

Principles of Accounting

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