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December 31 balances for selected accounts of Chaney Company are presented below. Accounts Receivable $500 Accumulated Depreciation 100 Depreciation Expense 400 Dividends 300 Interest Revenue

December 31 balances for selected accounts of Chaney Company are presented below. Accounts Receivable $500 Accumulated Depreciation 100 Depreciation Expense 400 Dividends 300 Interest Revenue 750 Salaries Expense 500 Sales 2,500 Unearned Rent 200 Required: Based on the accounts presented above, prepare the appropriate closing entries

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