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eBook Show Me How Closing entries with net income Instruction Chart of Account Journal Final Quotion Instructions Anor al revenue and expense accounts have been

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eBook Show Me How Closing entries with net income Instruction Chart of Account Journal Final Quotion Instructions Anor al revenue and expense accounts have been closed at the end of the final mat. Incomo. Summary has a debit of $758,400 and a credit of $062,300. At the same date, Retained Earnings hos a credit balance of $1.443.000, and Dividends has a balance of $28,000, Required: A. Journalew the entrios required to complete the closing of the accounts on December 31. Refer to the Chart of Accounts for exact wording or accounties B. Dutermine the amount of Retained Earnings at the end of the period Closing entries with net income Instructions Chart of Accounts Journal Final Question HI Instructions Joumal A. Journalize the entries required to complete the closing or the accounts on December 31. Refer to the Chart of Accounts for exact wording of account ones. PAGE 11 JOURNAL ACCOUNTING EQUATION DATE POST. REF DEBIT CREDIT ASSETS LIABILITIES FOUITY DESCRIPTION Closing Entries 1 1 Closing entries with net income Instruction Chart of Accounts Journal Final Question Instructions Journal Final Question A to the Chart of Accounts for exact wording of account titles. B. Determine the amount of Retained Earnings at the end of the period. ACCOUNTING EQU DEBIT CREDIT ASSETS LIABILITIES 2 Check My Work

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