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Share the How Closing Entries with Net Loss Summit Services Co, offers its services to individuals desiring to improve their personal images, After the accounts

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Share the How Closing Entries with Net Loss Summit Services Co, offers its services to individuals desiring to improve their personal images, After the accounts have been adjusted at May 31, the end of the fiscal year, the following balances were taken from the ledger of Simonit Services Fees Earned $1,150,000 Dividends 5,000 Rent Expense 200,000 Retained Earnings 450,000 Supplies Expense 19,300 Wages Expense 915,000 Miscellaneous Expense 31, 00 Journalize the closing entries required to close the accounts, If on smount box does not require on entry, leave it blank. May 31 000000 May 31 10 000000

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