Pure Plant Beauty is a sole proprietorship that has a developed a new line of skin care
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Pure Plant Beauty is a sole proprietorship that has a developed a new line of skin care and makeup that uses natural and organic ingredients. The company showed the following adjusted account balances on April 30, 2020. Prepare and post the closing entries.
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Liabilities Capital Assets 30 250 200 Withdrawals Revenue Expenses 20 100 60 Income Summary
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2020 1 Apr 30 Revenue 100 Income Summary 100 To close the revenue account 2 30 ...View the full answer
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Related Book For
Fundamental Accounting Principles Volume I
ISBN: 978-1260305821
16th Canadian edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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