Rockwell RV Centers accounting records include the following accounts at December 31, 2012: Requirement 1. Journalize the
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Requirement
1. Journalize the required closing entries for Rockwell RV Center for December 31,2012.
Transcribed Image Text:
Cost of goods sold $385,000 Accumulated depreciation Accounts payable 17,000 Cash Rent expense Building Rockwell, capital 208,800 ockwell, drawing Inventory 39,000 43,000 696,000 12,000 61,000 9,000 21,000 Sales revenue 108,000 Depreciation expense 261,000 Sales discounts
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Related Book For
Accounting
ISBN: 978-0132569309
9th Edition
Authors: Charles T. Horngren, Walter T. Harrison Jr., M. Suzanne Oliv
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