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prepare and post closing journal entries with the following info. added on: 1. bad debt expense of 1700 2. equipment depreciated based on 5 year
prepare and post closing journal entries with the following info. added on:
1. bad debt expense of 1700
2. equipment depreciated based on 5 year life no salvage value
3. insurance expired during ear 2975
4. interest accured on notes payable 1360
5. sales salaries and wages earned but not paid 6700
6. office supplies on hand 1800
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