Solution-Prepare the entries to record the closing of these

Prepare the entries to record the closing of these items

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1. Bleeker Company has the following merchandise account balances: Sales $195,000, Sales Discounts $2,000, Cost of Goods Sold $105,000 and Merchandise Inventory $40,000. Prepare the entries to record the closing of these items to Income Summary.

Reference no: EM131143808

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Prepare the entries to record the closing of these items

Reference no: EM131143808

Reference no: EM131143808

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