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What are interim financial statements? 96) Complete the following questions based on the

What are interim financial statements? 96) Complete the following questions based on the

What are interim financial statements?

96) Complete the following questions based on the journal entry below:

GENERAL JOURNALPage 1

Date

 

Acct. Titles and Description

PR

Debit

Credit

May

1

Cash

110

14,000

 

 

 

Capital

300

 

14,000

 

Date of Journal entry: ______________________________

 

Name of account debited______________________________

 

Name of account credited:______________________________

 

Provide an explanation for this entry: ______________________________

 

Page of Journal: ______________________________

 

Account number for Cash:______________________________

 

Account number for Capital: ______________________________

 

97) Describe the difference in information contained in the general journal vs. the general ledger.

Tripti 06-Dec-2019

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