The adjusted trial balance of Sang Company shows the following data pertaining to sales at the end
Question:
Instructions
(a) Prepare the sales section of the income statement.
(b) Prepare separate closing entries for
(1) Sales revenue,
(2) The contra accounts to sales revenue.
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Related Book For
Accounting Principles
ISBN: 978-1118875056
12th edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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