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Enter the followng December 31 normal balances in the first row of T-accounts below: Retalned Earnings $19,800; DIvIdends $2,900; Services Revenue $37,500; Salarles Expense $26,800;
Enter the followng December 31 normal balances in the first row of T-accounts below: Retalned Earnings $19,800; DIvIdends $2,900; Services Revenue $37,500; Salarles Expense $26,800; Rent Expense $4,800; and Income Summary $0. (1) Post closing entrles 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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