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Consider the following accounts: Cash, Accounts Receivable, Retained earnings Service Revenue, and Supplies Expense. Required: a. Accounts that can be adjusted and closed b. Accounts

Consider the following accounts: Cash, Accounts Receivable, Retained earnings Service Revenue, and Supplies Expense.

Required:

a. Accounts that can be adjusted and closed

b. Accounts that can be adjusted but not closed

c. Accounts that are not normally adjusted or closed.

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