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Data Table Cash 3,900 26,000 7,200 3,300 1.700 2,700 1,900 Common Stock Retained Earnings, January 1 Dividends Service Revenue Depreciation Expense-Equipment Salaries Expense Accounts Receivable

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Data Table Cash 3,900 26,000 7,200 3,300 1.700 2,700 1,900 Common Stock Retained Earnings, January 1 Dividends Service Revenue Depreciation Expense-Equipment Salaries Expense Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Notes Payable (long-term) 2,300 34,500 100 spense Utilities Expense / / Print Dono / ------------- - - S cuolers. ASSUMIU all aus Ildu lundi Udidos (Click the icon to view the account balances.) 14. Prepare the closing entries for Boxford at December 31. 15. What is the balance of Retained Earnings after closing entries have been recorded? (Use a T-account to determine the balance.) 15. What is the balance of Retained Earnings after closing entries have been recorded? (Use a T-account to determine the bal "Clos.(2)", etc. The adjusted balance of this account has been entered for you. Post any closing entries to this account and the Retained Earnings 7,200 Bal

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