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An accountant prepared the following post-closing trial balance:
Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown arecorrect.
eral company has 17000 in cash 3000 in marketable securities 36000 in current receivables 24000 in inventories and
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Fund accounting is very different from commercial accounting, but has a lot of similarities as well. Discuss the similarities and differences between these two types of GAAP accounting methods.
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