Mathematics, 05.03.2021 05:10 joeblaszak4776
Under a periodic inventory system, closing entries will include
debits to Sales, Purchases Returns and Allowances, and Purchases Discounts
credits to the Allowance for Doubtful Accounts
adjustments to the merchandise inventory account to match physical inventory
all of these
Answers: 1
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Acampus club held a bake sale as a fund raiser, selling coffee, muffins, and bacon and eggs sandwiches. the club members charged $1 for a cup of coffee, 3$ for a muffin , and $4 for a back. and egg sandwich. they sold a total of 55 items , easing $119. of the club members sold 5 more muffins than cups of coffee, how many bacon and egg sandwiches heβs did they sell
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Under a periodic inventory system, closing entries will include
debits to Sales, Purchases Returns...
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