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Gerdes Psychological Services, Inc., closes its temporary accounts once each year on December 31. The company recently issued the following income statement as part of

image text in transcribed Gerdes Psychological Services, Inc., closes its temporary accounts once each year on December 31. The company recently issued the following income statement as part of its annual report: The firm's statement of retained earnings indicates that a $6,000 cash dividend was declared and paid during 2011. epare the necessary closing entries on December 31,2011. (80.0)

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