BE5-6 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.
BE5-6 Bleeker Company has the following merchandise account balances: Sales $195,000,
Price: $1.99
BE5-6 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.
BE5-6 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.
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