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College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958 Exercise 3
Journalizing and posting transactions
Four transactions for Farm Supply Repair that took place in November 2013 appear below, along with the general ledger accounts used by the company.
INSTRUCTIONS
Record the transactions in the general journal and post them to the appropriate ledger accounts. Be sure to number the journal page 1 and to write the year at the top of the Date column.
Analyze: What liabilities does the business owe as of November 30?
Four transactions for Farm Supply Repair that took place in November 2013 appear below, along with the general ledger accounts used by the company.
INSTRUCTIONS
Record the transactions in the general journal and post them to the appropriate ledger accounts. Be sure to number the journal page 1 and to write the year at the top of the Date column.
Analyze: What liabilities does the business owe as of November 30?
Explanation
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Prepare the journal entries:
...
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
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