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Complete the closing entries based on the following information: Advertising expense 5,600 Dividends 4,000 Rent expense 6,000 Salaries expense 48,000 Service revenue 85,000 Utilities expense

Complete the closing entries based on the following information: Advertising expense 5,600 Dividends 4,000 Rent expense 6,000 Salaries expense 48,000 Service revenue 85,000 Utilities expense 7,500

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