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hey can you show how the chart will look for each step thanks!!! Elficient Office Systems uses a perpetual inventory system. The adjusted trial balance
hey can you show how the chart will look for each step thanks!!! Elficient Office Systems uses a perpetual inventory system. The adjusted trial balance of Efficient Office Systerms at March 31,2018, follows: (CEek the icon to viow the adjusted trial balance.) Read the requiroments Requirement 1. Joumalize the required closing entries at March 31, 2018. (Record debits first, then credits. Select the explanation an the last line of the joumal antry tablo.) Start by closing revenues. Do not close expenses or contra-revenue accounts; we will do this in the next step 1. Journalize the required closing entries at March 31,2018. 2. The following T-accounts have been set up: Income Summary; Retained Earnings; and Dividends. Post the closing entries to the T-accounts, and calculate their ending balances. 3. How much was Efficient's net income or net loss
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