Question: (b) Prepare a general journal entry to close the $937 200 balance in the Property Plant and Equipment account and allocate the transactions to their

 (b) Prepare a general journal entry to close the $937 200

balance in the Property Plant and Equipment account and allocate the transactions

(b) Prepare a general journal entry to close the $937 200 balance in the Property Plant and Equipment account and allocate the transactions to their appropriate accounts

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