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The Following Information Is Available for Crandall Company Before Closing

Question 10

Multiple Choice

The following information is available for Crandall Company before closing the accounts. After all of the closing entries are made, what will be the balance in the Crandall, Capital account? The following information is available for Crandall Company before closing the accounts. After all of the closing entries are made, what will be the balance in the Crandall, Capital account? A) $115,000. B) $225,000. C) $264,000. D) $186,000. E) $956,000.


A) $115,000.
B) $225,000.
C) $264,000.
D) $186,000.
E) $956,000.

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