Refer to the data for Rijo Equipment Repair Corp. in P4-8B. Assume that Rijo closes its books

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Refer to the data for Rijo Equipment Repair Corp. in P4-8B. Assume that Rijo closes its books monthly.

Instructions

(a) Prepare the closing journal entries.

(b) Post the closing entries to the T accounts prepared in P4-8B.

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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Question Posted: Jan 11, 2017 09:55 AM

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Refer to the data for Rijo Equipment Repair Corp. in P4-8B. Assume that Rijo closes its books

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a 2015 Sept 30 Service Revenue 11800 Income Summary 11800 30 Income Summary 9250 Salaries Expense 4600 Supplies Expense 2800 Rent Expense 1000 Depreci...View the full answer

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