Wax Works is a realistic exercise in which the student/bookkeeper is hired by a sole proprietorship retail candle shop. The bookkeeper must organize a disordered set of source documents representing one month's financial activity, bring order to the company's books, and complete all year-end accounting tasks, including formulating and recording adjusting and closing entries and preparing financial statements. It can be used after Chapter 13 of McQuaig/Bille, College Accounting, 8/e.
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