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Based on the data presented in Exercise 5 1 assume that the beginning balances for the customer accounts were zero except for Tillman Inc which had a 590 beginning balance In addition

Based on the data presented in Exercise 5-1, assume that the beginning balances for the customer accounts were zero, except for Tillman Inc., which had a $590 beginning balance. In addition, there were no collections during the period.
a. Set up a T account for Accounts Receivable and T accounts for the four accounts needed in the customer ledger.

b. Post to the T accounts.

Apr 12 2021 View more View Less

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