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Selected year-end account balances from the adjusted trial balance as of December 31, 2025, for Monty Corporation is provided below. Accounts Receivable Dividends Depreciation Expense

Selected year-end account balances from the adjusted trial balance as of December 31, 2025, for Monty Corporation is provided below. Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense Debit $68,240 24,720 12,410 200,030 85,630 3,380 1,320 Credit $49,820 107,910 21,530 172,770 5,830 58,090 F
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(To close expense accounts) Dec. 31 (To close net income to retained earnings) Dec. 31 (To close dividends to retained earnings) Dec. 31 (To close expense accounts) Dec 3) (To close net income to retained earnings) Dec 31 (To close dividends to retained earnings) Selected year-end account balances from the adjusted trial balance as of December 31, 2025, for Monty Corporation is provided below. Selected year-end account balances from the adjusted trial balance as of December 31,2025 , for Monty Corporation is provided below. Prepare closing entries. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the occount titles and enter 0 for the amounts.) Determine the post-closing balance in Retained Earnings. (Post entries in the order of journal entries presented in the previous part.) Prepare closing entries, (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Dec. 31 Income Sumatary Depreciation Expense Salaries and Wages Experse Rent Expense. Supplies Erpense 12,410 05,360 (To ciose oupense accounts) Dec: 31 (To dose net income to retained earnings) Dec 31 (To close dindends to retained earnings) Determine the post-closing balance in Retained Earnings. (Post entries in the order of journal entries presented in the previous part.)

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