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Answer is complete and correct. WALNUT ENTERPRISES Post Closing Trial Balance As of December 31, Year 1 Account Titles Debit Credit Cash $ 91,500

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Answer is complete and correct. WALNUT ENTERPRISES Post Closing Trial Balance As of December 31, Year 1 Account Titles Debit Credit Cash $ 91,500 Sales tax payable Interest payable Notes payable Retained earnings 1,000 1,913 42,500 46,087 Totals $ 91,500 $ 91,500

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