The accounts below are taken from the ledger of Bartel Music Consulting on 30 June 2016, the
Question:
The accounts below are taken from the ledger of Bartel Music Consulting on 30 June 2016, the end of the current financial year.
Required
A. Record the closing entries which affected the accounts.
B. Prepare a statement of changes in equity as at 30 June.
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A General Journal Date Particulars Debit Credit 2016 June 30 Income accounts 55 850 Pr...View the full answer
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Related Book For
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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