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Question 1 : The ledger of Hunter Company contains the following balances: Retained Earnings $ 6 0 , 0 0 0 ; Dividends $ 4

Question 1:
The ledger of Hunter Company contains the following balances: Retained Earnings $60,000; Dividends $4,000; Service Revenue $95,000; Salaries and Wages Expense $59,000; and Rent Expense $18,000. Prepare the closing entries at December 31.
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