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Required: 1. Prepare adjusting entries and closing entries. 2. Prepare an income statement. 3. Prepare the statement of owner's equity. Soltis made no additional investments

Required: 1. Prepare adjusting entries and closing entries. 2. Prepare an income statement. 3. Prepare the statement of owner's equity. Soltis made no additional investments during the year. 4. Prepare the balance sheet

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