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Question 31 6 pts Bear Valley Corp. performs the closing entry on the revenue account. How does this transaction affect the revenue account? [Select] How

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Question 31 6 pts Bear Valley Corp. performs the closing entry on the revenue account. How does this transaction affect the revenue account? [Select] How does this transaction affect the unearned revenue account? [Select] Question 32 6 pts Okemo, Inc. records the adjusting entry to depreciate its equipment. How does this transaction affect the depreciation expense account? Select] How does this transaction affect the equipment? (Select)

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