Solution-Prepare the closing entries for the sales account

Prepare the closing entries for the sales account

Reference no: EM131143739

1. Prepare the closing entries for the Sales account, assuming a balance of $200,000 and the Cost of Goods Sold account with a $145,000 balance.

Reference no: EM131143739

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Prepare the closing entries for the sales account : Prepare the closing entries for the Sales account, assuming a balance of $200,000 and the Cost of Goods Sold account with a $145,000 balance.

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Prepare the closing entries for the sales account

Reference no: EM131143739

Reference no: EM131143739

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