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Laker Incorporated's fiscal year-end is December 31, 2018. The following is an adjusted trial balance as of December 31. Required: Prepare the necessary closing entries.

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Laker Incorporated's fiscal year-end is December 31, 2018. The following is an adjusted trial balance as of December 31. Required: Prepare the necessary closing entries. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Record the entry to close the dividends accounts

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