QS 4-15 (Algo) Closing entries LO P3 Nix'It Company's ledger on July 31, its fiscal...
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QS 4-15 (Algo) Closing entries LO P3 Nix'It Company's ledger on July 31, its fiscal year-end, includes the following selected accounts that have normal balances. Nix'It uses the perpetual inventory system. Prepare the company's year-end closing entries. Journal entry worksheet Record the entry to close the income statement accounts with credit balances. Note: Enter debits before credits
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