Brown Insurance Agency reported the following items at November 30, 2012: Requirement 1. Journalize Browns closing entries,

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Brown Insurance Agency reported the following items at November 30, 2012:

Sales and marketing expense Other assets Depreciation expense Long-term liabilities $2,100 Cash $1,100 5,500 Service rev

Requirement
1. Journalize Brown€™s closing entries, as needed for theseaccounts.

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Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

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