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    Financial and Managerial Accounting Study Set 5
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    Exam 4: Completing the Accounting Cycle
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    The Following Revenue and Expense Account Balances Were Taken from the Income
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The Following Revenue and Expense Account Balances Were Taken from the Income

Question 44

Question 44

Essay

The following revenue and expense account balances were taken from the Income Statement columns of the work sheet for Fraser Services Co. for the year ended December 31, 2011:

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