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Q2: (5 marks): ABC company has the following information: Sales Revenue: $100000, Sales Expenses: $70000, Dividend: $6000. Required: 1. Prepare Closing Entries? Use the editor

Q2: (5 marks): ABC company has the following information: Sales Revenue: $100000, Sales Expenses: $70000, Dividend: $6000. Required: 1. Prepare Closing Entries? Use the editor to format your

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