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enter the following December 31 normal balances in the first row of T-accounts below: K. Korver, Capital $21,600; K. Korver, Withdrawls $3,800; Service Revenue $42,000;
enter the following December 31 normal balances in the first row of T-accounts below: K. Korver, Capital $21,600; K. Korver, Withdrawls $3,800; Service Revenue $42,000; Salaries Expense $28,600; and Rent Expense $6,600. (1) Post closing entries to each account's T-account. (2) Compute the ending balance of each T-account, even if the final balance is $0.
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