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Requirement 1. Prepare the closing entries for Mel's Bowling Alley. (Record debits first, then credits. Select the explanation on the last line of the

Requirement 1. Prepare the closing entries for Mel's Bowling Alley. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Start by closing revenues Date: Accounts and Explanation Service Revenue Dec. 311 Clos. (1) Income Summary Debit Credit 115,000 115,000

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