salavage value

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1.(TCO 3) At the end of the period it is necessary to close all temporary accounts. (1) Explain  why this process is required (10 points) and (2) provide an example of the closing of an expense account, Supplies Expense in the form of a journal entry. (10 points)                               (Points : 20)                      year or, occasionally, at the end of each         accounting period.        2)In order to close Utilities Expense, the following        journal entry is used:       Debit (DR)                    Income Summary   2.(TCO 2) As required to complete Course Project 1, one must follow the cycle that includes 10 steps to complete the accounting cycle. (1) Explain how to construct an Unadjusted Trial  Balance (10 points) and

salavage value

salavage value Description

School: Auburn University

Department: Economics

Course: Work and Pay

Professor: Seals

Term: Summer 2016

Tags: ACCT 212 Final exam

Cost: 50

Name: ACCT 212 Final exam

Description: ACCT 212 Final exam

Uploaded: 06/13/2016

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salavage value
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