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Hi! Need some help with this question. Thanks! The following accounts with balances appear on the Feni Industries Adjusted Trial Balance on December 31, 2019.
Hi! Need some help with this question. Thanks!
The following accounts with balances appear on the Feni Industries Adjusted Trial Balance on
December 31, 2019.
Service Revenue $11,900
Rent Expense 4,200
Salaries Expense 1,300
Cash 500
Accounts payable 800
Feni Industries, Withdrawals 2,700
Unearned service revenue 2,350
Feni Industries, Capital 7,000
Required: Prepare the closing journal entries for Feni Industries.
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