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Closing Entries with Net Income Creative Images C o . offers its services to individuals desiring improve their personal images. After the accounts have been

Closing Entries with Net Income
Creative Images Co. offers its services to individuals desiring improve their personal images. After the accounts have been adjusted at July 31, the end of the fiscal year, the following balances were taken from the ledger of Creative Images Co.:
\table[[Violet Lozano, Capital,$930,000
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