Michael Rau founded Michaels Fishing Supplies on 1 July 2016. The adjusted trial balance at 30 June

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Michael Rau founded Michael’s Fishing Supplies on 1 July 2016. The adjusted trial balance at 30 June 2017 (the end of the financial year) is shown on page 216.

Required

A. Prepare closing entries to be made on 30 June 2017.

B. Prepare a post-closing trial balance as at 30 June 2017.

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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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Question Posted: Jun 18, 2019 11:00 AM

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Michael Rau founded Michaels Fishing Supplies on 1 July 2016. The adjusted trial balance at 30 June

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MICHAELS FISHING SUPPLIES Adjusted Trial Balance as at 30 June 2017 Account Debit Credit Cash at ban...View the full answer

Accounting

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