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Shamrock has year-end account balances of Sales Revenue $804,917, Interest Revenue $12,510, Cost of Goods Sold $576,775, Administrative Expenses $199,320, Income Tax Expense $35,162, and
Shamrock has year-end account balances of Sales Revenue $804,917, Interest Revenue $12,510, Cost of Goods Sold $576,775, Administrative Expenses $199,320, Income Tax Expense $35,162, and Dividends $19,932. Prepare the year-end closing entries.
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