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Laker incorporated's fiscal yeat-end is December 31. 2021. The following is an adjusted trial balance as of December 31. Required: 1. Prepare the necessary closing

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Laker incorporated's fiscal yeat-end is December 31. 2021. The following is an adjusted trial balance as of December 31. Required: 1. Prepare the necessary closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account field.)

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