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Requirement 1. Prepare the entity's closing entries. Begin by closing out the revenue accounts. (Record debits first, then credits. Exclude explanations from any journal entries.)

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Requirement 1. Prepare the entity's closing entries. Begin by closing out the revenue accounts. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Date Accounts Debit Credit Nov 30 Service revenue 102 000 Interest revenue Retained earnings 900 102,900 ### Date Nov Credit Debit 102,900 Journal Entry Accounts 30 Retained earnings Depreciation expense Rent expense Interest expense Supplies expense Salaries expense 7,600 5,500 2,200 2,300 16,500 Data Table Common stock $ Service revenue Unearned revenues Salaries expense Accumulated depreciation 19,000 Accounts receivable 102,000 Retained earnings 1,800 Salaries payable. 16,500 Depreciation expense. 35,900 Rent expense $ 16,000 6,500 1,100 7,600 5,500 AND Print Done Data Table Uiteallied Tevenues Salaries expense. Accumulated depreciation. Supplies expense Interest revenue Interest expense TOUU Salanes payavie 16,500 Depreciation expense. 35,900 Rent expense. 2,300 Dividends 900 Supplies 2,200 7,600 5,500 16,000 1,300 Print Done OU TATT

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