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post closing trail and an explanation of closing entries Chapter 5 5.1. David's, Inc. Trial Balance December 31 Debit 21 $ ... Cash. Accounts Receivable...

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Chapter 5 5.1. David's, Inc. Trial Balance December 31 Debit 21 $ ... Cash. Accounts Receivable... Equipment.. Accounts Payable........ Capital Stock. Retained Earnings .... Dividends Service Revenue Salaries Expense ........... Depreciation... Advertising Expense... $386 Prepare the closing entries and post closing trail balances: Closing Entries. Acc.and Explorativ Debit/c

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