The adjusted trial balance for Van Rental Service at the end of its fiscal year is shown.
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The adjusted trial balance for Van Rental Service at the end of its fiscal year is shown.
REQUIRED
Prepare in journal form the required closing entries for van rental service.
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Van Rental Service Adjusted Trlal Balance December 31, 2010 Accumulated Depreciation-Vans Unearned Rental Revenue R. Krazel Withdrawals Gas and Oil Expense Advertising Expense Spare Parts Expense Depreciation Expense-Vans $778,033 778,033
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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