The J. Godfrey, Capital account has a debit balance of $1,200 before closing entries are made. If
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The J. Godfrey, Capital account has a debit balance of $1,200 before closing entries are made. If total revenues for the year are $55,200, total expenses $39,800, and withdrawals are $9,000, what is the ending balance in the J. Godfrey, Capital account after all closing entries have been made?
Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
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