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Below Is an Alphabetical List of Accounts of Master Cleaners

Question 85

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Below is an alphabetical list of accounts of Master Cleaners as of December 31, after all adjusting entries have been posted.
Below is an alphabetical list of accounts of Master Cleaners as of December 31, after all adjusting entries have been posted. Instructions: 1. Journalize the four closing entries in the proper order. 2. Record the account balances in t-accounts for owner's equity, revenue, and expense accounts. Post the closing entries in these t-accounts using number 1 through 4. 3. Prepare a post-closing trial balance. Instructions:
1. Journalize the four closing entries in the proper order.
2. Record the account balances in t-accounts for owner's equity, revenue, and expense accounts. Post the closing entries in these t-accounts using number 1 through 4.
3. Prepare a post-closing trial balance.

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E. Hess, Capital
E. Hess, Drawi...

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