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ACC 557 Homework 2 Chapter , 4, 5 and 6

ACC 557 Homework 2 Chapter , 4, 5 and 6

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ACC 557 Homework 2 Chapter , 4, 5 and 6

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ACC 557 Homework 2 Chapter , 4, 5 and 6

Due Week 4 and worth 105 points

Directions: Answer the following questions on a separate Microsoft Word or Excel document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link in Blackboard.

Exercises

E4-7.Kay Magill Company had the following adjusted trial balance.

Instructions

2015.              Prepare closing entries at June 30, 2015.

2016.              Prepare a post-closing trial balance.

E4-13.Keenan Company has an inexperienced accountant. During the first 2 weeks on the job, the accountant made the following errors in journalizing transactions. All entries were posted as

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