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T-Accounts Quiz (Part 5 of 5)

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T-Accounts Quiz (Part 5 of 5)

📚 New! Get my 2nd Edition Accounting Cheat Sheet Bundle → https://accountingstuff.com/shop How well do you know T-Accounts? Try to answer these three questions: 19. A business has an opening balance of $12,000 in Sales Revenue. During the month, they earn $5,000 in revenue and close the account. What is the closing balance of the T-Account ...

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