Question: Partial balance sheets and additional information are listed below for Julius Company. Julius Company Partial Balance Sheets as of December 3 1 2 0 2
Partial balance sheets and additional information are listed below for Julius Company.
Julius Company
Partial Balance Sheets as of December
Assets:
Cash $ $
Accounts receivable
Inventory
Liabilities:
Accounts payable $ $
Additional information for :
Net income was $
Depreciation expense was $
Sales totaled $
Cost of goods sold totaled $
Required: Prepare the summary entry for the amount of cash received from customers during
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