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Prepare journal entries to close the following: Cash.......................... 1,000 Service Revenue............ 2,000 Advertising Expense........ 600 Insurance Expense.......... 300 Owner Drawing............ 200

Prepare journal entries to close the following: Cash.......................... 1,000 Service Revenue............ 2,000 Advertising Expense........ 600 Insurance Expense.......... 300 Owner Drawing............ 200

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