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Question 4-Closing Journal Entries Prepare the closing entries for the month ended March 31, 2023 Account Titles and Description Date Step 1: Close out
Question 4-Closing Journal Entries Prepare the closing entries for the month ended March 31, 2023 Account Titles and Description Date Step 1: Close out the Revenue accounts to the Income Summary Step 2: Close out the Expense accounts to the income Summary PR Dr. Sr. 4 marks 4 marks Step 3: Close out the Income Summary to the Capital account 2 marks Step 4: Close out the Withdrawals account to the Capital account 2 marks a
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