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Help with accounting. It says it is incomplete? missing something? Exercise 2-14 (Algo) Closing entries [LO2-8] 4 Presented below Is Income statement Information of the
Help with accounting. It says it is incomplete? missing something?
Exercise 2-14 (Algo) Closing entries [LO2-8] 4 Presented below Is Income statement Information of the Schefter Corporation for the year ended December 31, 2021. 14.28 points Sales revenue Salaries expense Interest revenue Advertising expense Gain on sale of investments Cost of goods sold Insurance expense Interest expense Income tax expense Depreciation expense $ 512,000 82,800 6,800 11,500 9,200 281,600 14.300 3,900 41,080 24,000 eBook Print Required: Prepare the necessary closing entries at December 31, 2021. (If no entry is required for a transaction/event, select "No Journal entry required" in the first account field.) References View transaction lit Journal entry worksheetStep by Step Solution
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