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Adjustments and Closing Process--Basic Entries

Question 51

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Adjustments and closing process--basic entries
Selected ledger accounts used by Goldstone Advertising Inc.,are listed along with identifying numbers.Following this list of account numbers and titles in a series of transactions,you are required to indicate the proper accounts to be debited and credited for each transaction. Adjustments and closing process--basic entries Selected ledger accounts used by Goldstone Advertising Inc.,are listed along with identifying numbers.Following this list of account numbers and titles in a series of transactions,you are required to indicate the proper accounts to be debited and credited for each transaction. Adjustments and closing process--basic entries Selected ledger accounts used by Goldstone Advertising Inc.,are listed along with identifying numbers.Following this list of account numbers and titles in a series of transactions,you are required to indicate the proper accounts to be debited and credited for each transaction.

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