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  3. the following adjusted trial balance contains the

The following adjusted trial balance contains the accounts and year-end balances of Cruz...

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Accounting

The following adjusted trial balance contains the accounts and year-end balances of Cruz Company (a sole proprietorship) as of December 31.
Notes:
Prepare the closing entries in the logical order we studied.
The accounts in the post-closing trial balance should be in the same order as in the adjusted trial balance.
\table[[No.,Account Title,Debit,Credit],[101,Cash,$18,000,],[126,Supplies,13,800,],[128,Prepaid insurance,2,000,],[167,Equipment,23,000,],[168,Accumulated depreciation-Equipment,,$6,500
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