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Carol Instruments Sells Musical Instruments

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Carol Instruments sells musical instruments. On December 31, 2015, after its first month of business, Carol Instruments had the following balances in its accounts, listed alphabetically. Carol Instruments sells musical instruments. On December 31, 2015, after its first month of business, Carol Instruments had the following balances in its accounts, listed alphabetically.   Determine the balance in the cash account and prepare the trial balance. Determine the balance in the cash account and prepare the trial balance.

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