On December 1 , 2 0 2 0 , Lili company add the following account balances debit
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Question:
On December Lili company add the following account balances debit cash N receivable accounts receivable inventory prepaid insurance equipment equaling to credit accumulated depreciation equipment on accounts payable to owners capital total equaling during December the company completed the following transactions December received cash from customers and payment of account. no discount allowed December purchase merchandise on account from Vance CO terms and December sold merchandise on account terms and the cost of the merchandise sold whats December paid salaries December paid rent CO in for less discount December received collections in for less discounts from customers build on December December received cash from customers in payment of account. No discount allowed adjust a data one. Depreciation per month to insurance expired $ Post the entries to the ledger T accounts
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