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A List of the Accounts of TIP Corporation Is Given

Question 134

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A list of the accounts of TIP Corporation is given below, followed by some selected transactions. Indicate the accounts that should be debited and credited for each transaction entry, adjusting entry, and closing entry by placing the appropriate account codes in the debit and credit columns provided. A list of the accounts of TIP Corporation is given below, followed by some selected transactions. Indicate the accounts that should be debited and credited for each transaction entry, adjusting entry, and closing entry by placing the appropriate account codes in the debit and credit columns provided.

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