CookBooks Inc.s adjusted trial balance showed total debits and total credits of $10,000 each. The companys revenues
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CookBooks Inc.’s adjusted trial balance showed total debits and total credits of $10,000 each. The company’s revenues were $6,000, its expenses were $4,000, and it declared $500 in dividends during the year. What will the debits (and credits) equal on the post-closing trial balance?
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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