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I need help figuring out number 3 and then how to do number 4 after . Make changes to the following accounts via journal entry

I need help figuring out number 3 and then how to do number 4 after image text in transcribed
image text in transcribed
. Make changes to the following accounts via journal entry 1 as of 12/31/23 with an offset to Opening Balance Equity. Note: You'll have to add these accounts first. 4 Close the Opening Balance Equity account to Retained Earnings via journal entry 2 as of 12/31/23

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