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Question: Identify the accounts listed in question that would be included in a post-closing trial balance.

Question: The ledger of Avril Company includes the following accounts with normal balances: L. Avril, Capital $6,000; L. Avril, Withdrawals $400; Services Revenue $10,000; Wages Expense $5,200; and Rent Expense $800. Prepare the necessary closing entries from the available information at December 31.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92337128

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