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Prepare journal entries for each transaction

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Question - Journal, Ledger, and Trial Balance

Robert Kapela owned and managed a franchise of Ithaca Espresso, Incorporated. The company's balance sheet accounts had the following balances on September 1, 20X0, the beginning of a fiscal year:

1. Enter the September 1 balances in T-accounts in a general ledger.

2. Prepare journal entries for each transaction.

3. Post the journal entries to the ledger. Key your postings by transaction letter.

Reference no: EM131643784

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