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Conner Corporation's adjusted trial balance included the following items Accounts payable ($65,000). Accounts receivable ($45.000). Capital stock ($100,000), Cash ($50,000), Dividends ($10,000). Goodwill ($47,000).
Conner Corporation's adjusted trial balance included the following items Accounts payable ($65,000). Accounts receivable ($45.000). Capital stock ($100,000), Cash ($50,000), Dividends ($10,000). Goodwill ($47,000). Interest expense ($4,000). Interest payable ($2,000), Inventory ($32.000). Notes payable ($80,000). Prepaid expenses ($5,000). Property, plant & equipment ($123,000), Retained earnings ($46.000). Rent expense ($18,000). Revenues ($101,000), and Salary expense ($60,000). Which of these accounts would be zero after applying the closing process? Use the editor to format your answer
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