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2 The Ledger of Rose Company includes the following accounts with normal balances as on 31 December 2020: 1. Rose, Capital $5,000 2. Rose, Withdrawals

2 The Ledger of Rose Company includes the following accounts with normal balances as on 31 December 2020: 1. Rose, Capital $5,000 2. Rose, Withdrawals $200 3. Services Revenue $20,000 4. Expenses $7,000 You are required to prepare closing entries. Use the editor to format your answer 4 Points

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