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4. Name the steps in the manual accounting cycle. 3) From the T accounts below, journalize the necessary closing entries in good form. Insurance Expense

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4. Name the steps in the manual accounting cycle.

3) From the T accounts below, journalize the necessary closing entries in good form. Insurance Expense Wages Expense Depreciation Expense 1,000 3,000 2,000 Income Summary C. Bent, Capital 15,000 Accounting Fees Earned 10,000 C. Bent, Withdrawals 2,200

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