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You are provided with the month-end trial balance and data needed for the month-end adjustments for a merchandising company. The data is contained in the attachment. Complete the ledger accounts, the adjusted trial balance for the month-end, and prepare the financial statements. In addition, journalize and post the adjusting and closing entries. You are also required to post the adjusting and closing entries, using dates.© BrainMass Inc. brainmass.com October 9, 2019, 11:59 pm ad1c9bdddf
The solution explains the accounting cycle till the posting of closing entries