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On January 1,2024, Displays Incorporated had the following account balances: \table[[Account Title,Debit,Credit],[Cash,$28,000,],[Accounts receivable,25,000,],[Supplies,31,000,],[Inventory,64,000,],[Land,233,000,],[Accounts...

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Accounting

On January 1,2024, Displays Incorporated had the following account balances:
\table[[Account Title,Debit,Credit],[Cash,$28,000,],[Accounts receivable,25,000,],[Supplies,31,000,],[Inventory,64,000,],[Land,233,000,],[Accounts payable,,$30,000
b. Accrued interest expense on notes payable for the year.
c. Accrued income taxes at the end of December are $24,000.
Complete this question by entering your answers in the tabs below.
equirement
General
General
Journal
Ledger
Trial Balance
Income
Statement
Balance Shee
repare the journal entries for transactions.
ote: If no entry is required for a particular transaction/event, select "No journal e
Journal entry worksheet
1
....6
7
8
9
10
11
12
13
Record the closing entry for expense accounts.
Note: Enter debits before credits.

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