The adjusted trial balance for Victoria Lee Company for the year ended June 30, 2017, follows. Instructions

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The adjusted trial balance for Victoria Lee Company for the year ended June 30, 2017, follows.

Instructions
(a) Prepare closing entries at June 30, 2017.
(b) Prepare a post-closing trial balance.

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Accounting Principles

ISBN: 978-1119048503

7th Canadian Edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Question Posted: May 16, 2017 10:07 AM

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The adjusted trial balance for Victoria Lee Company for the year ended June 30, 2017, follows. Instructions

Question:

VICTORIA LEE COMPANY Adjusted Trial Balance June 30, 2017 Debit Credit 3,712 Accounts payable Unearned revenue V. Lee, drawings 4,300 1,260 Miscellaneous expense $12,062 $12,062

Step by Step Answer:

a June 30 Service Revenue 4300 Income Summary 4300 30 Income Summary 3416 Supplies expense ...View the full answer

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