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Nicholas Company had the following Adjusted Trial Balance for the month ended May 3 1 , 2 0 1 6 . May 3 1 (

Nicholas Company had the following Adjusted Trial Balance for the month ended May 31,2016.May 31
(To close beginning inventory and other income statement accounts with debit balances)
31
(To record the ending inventory and close the other income statement accounts with credit balances)
31
(To close the income summary account)
31
(To close the drawings account)
(To close the drawings account)
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