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4/6 Please answer all parts clearly - Thank you! The ledger of Mai Company includes the following accounts with normal balances as of December 31:
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Please answer all parts clearly - Thank you!
The ledger of Mai Company includes the following accounts with normal balances as of December 31: D. Mai, Capital \$9,500; D. Mai, Withdrawals \$1,050; Services Revenue $18,000; Wages Expense $10,900; and Rent Expense $2,600. Prepare its December 31 closing entries. The ledger of Mai Company includes the following accounts with normal balances as of December 31: D. Mai, Capital \$9,500; D. Mai, Withdrawals \$1,050; Services Revenue $18,000; Wages Expense $10,900; and Rent Expense $2,600. Prepare its December 31 closing entriesStep by Step Solution
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