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On November 30, 2021, the Concord Equipment Repair Corp.s adjusted trial balance was as follows. The company closes its books monthly. Post the closing entries

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On November 30, 2021, the Concord Equipment Repair Corp.s adjusted trial balance was as follows. The company closes its books monthly. Post the closing entries to the T accounts. (CE means closing entry.) (Post entries in the order of journal entries presented in the previous part.) Accumulated Depreciation-Equipment \begin{tabular}{l|lr} \hline & Nov. 1 Bal. & 3,600 \\ & Nov. 30 Adj. & 300 \\ \hline & Nov. 30 Bal. & 3,900 \end{tabular} \begin{tabular}{rl|lr} \multicolumn{3}{c}{ Accounts Payable } \\ \hline & & Nov. 1 Bal. & 4,600 \\ Nov. 21 & 4,600 & Nov. 20 & 600 \\ \hline & Nov. 30 Bal. & 600 \end{tabular} Deferred Revenue \begin{tabular}{l|lr} \multicolumn{4}{c}{ Common Shares } \\ \hline & Nov. 1 Bal. & 9,500 \\ & Nov. 13 & 5,500 \\ \hline & Nov. 30 Bal. & 15,000 \end{tabular} Dividends Declared Nov. 28 Nov. 30Bal, Service Revenue Income Tax Expense \begin{tabular}{l} Nov. 30 Adj. \\ Nov. 30 Bal. \\ \hline \\ \hline \end{tabular} 1,100 1,100 i 1100 Supplies Expense Nov. 30 Adj. Nov, 30 Bal. 3,600 3,600 Depreciation Expense Nov. 30 Adj. Nov. 30Bal. Salaries Expense Income Summary Nov. 30 CE2 v 16300

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