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Closing Process At December 31, Hanlon Consulting's financial records show the following selected account information. a. Prepare entries to close these accounts in journal entry
Closing Process At December 31, Hanlon Consulting's financial records show the following selected account information. a. Prepare entries to close these accounts in journal entry form. Note: List any multiple debits or any multiple credits in alphabetical order by account name. b. Set up T-accounts for each account and post the closing entries to the T-accounts. c. After these entries are posted, what is the balance of the retained earnings account
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