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Week 2 Chapter 3 Cost-Volume Relationship - Managerial Accounting for Managers 3rd Edition, Noreen, Brewer,Garrison.
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Intermediate Accounting Chapter 3 Homework. Chapter 3 continued. Every acct on adj trial bal is used only once in creating first 3 financial stmts. Point of closing is to bring RE up to date - in doing that, we zero out temp accts. 4 kinds of closing entries: 1) close out Revenue - debit Rev CR Income Summ (normal credit bal) (only exists long enough for closing entries) - companies may be.
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Week 2 Chapter 3 Cost -Volume Relationship -- Managerial Accounting for Managers 3rd Edition, Noreen, Brewer, Garrison.
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