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For the following accounts match to the most appropriate category (8 marks), Normal Balance Account Amount Category Salaries Expense Bank Loan 4000 Accounts Receivable 36000

For the following accounts match to the most appropriate category (8 marks), Normal Balance Account Amount Category Salaries Expense Bank Loan 4000 Accounts Receivable 36000 Owners Drawings 10000 Salaries Payable Equipment 71000 Sales Revenue Unearned Revenue 5000 Now prepare closing entries. Dates or descriptions are not required (8 marks) Cr Dr

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