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income statement, balance sheet and statement of owner's equity for Magic Company as of December 31, 2017. The company also prepared closing entries for the

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income statement, balance sheet and statement of owner's equity for Magic Company as of December 31, 2017. The company also prepared closing entries for the period. Review the worksheet and closing entries below Dr 13.000 97.000 17.000 10 12000 75.000 Closing entries: Dec:31 Fees Earned 79,000 Income Summary Closo revonue occount 31

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