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Shown below is a trial balance for Novelty Toys, Inc., on December 31, after adjusting entries: Refer to the data. The entry to close the

Shown below is a trial balance for Novelty Toys, Inc., on December 31, after adjusting entries:

Refer to the data. The entry to close the Fees Earned account will:

Novelty Toys, Inc

Trial Balance

December 31, 2019

Cash

7,750
A/c Receivable 6,375

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