Prepare general journals for the end of the accounting year to close out the accounts to the
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Prepare general journals for the end of the accounting year to close out the accounts to the trading account from figure 9.12. Journalise the closing inventory of $2300. Post the journals to the T accounts shown in figure 9.12 and then balance the T accounts, except the trading account.
Transcribed Image Text:
Balance Balance Balance Inventory 2100 Purchases 11 000 Wharfage Charges 300 Balance Sales Balance Freight Inwards 1 100 Trading 25 000
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Related Book For
Accounting An Introduction To Principles And Practice
ISBN: 9780170403832
9th Edition
Authors: Edward A. Clarke, Michael Wilson
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