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Thanks for helping me out QUESTION 4 _(14 marks)~ 2020:~ The adjusted trial balance of Waianae Company contains the following accounts at August 31, Account

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QUESTION 4 _(14 marks)~ 2020:~ The adjusted trial balance of Waianae Company contains the following accounts at August 31, Account Debit- Cash ~ $ Credit- 1,000- Accounts Receivable 2,000- T . Inventory ~ 1,000- Building~ 90,000- T. T. T. Land Accumulated Depreciation - Building $ 12,000- Accounts Payable 50,000- Interest Payable 3,000- 1,000- Unearned Rent Revenue Mortgage Payable T. T. 2,000- Liliuokalani, Capital 90,000- Liliuokalani, Withdrawals 25,000- Sales~ 31, 100- Rental Revenue 78,000- Depreciation Expense 18,000- 3,500- Maintenance Expense 4,800- T . Wages Expense 43,200- Insurance Expense 2,400- T. T . Totals $ 219,000 $ 219.000- REQUIRED: Prepare the necessary closing entries for the year ended August 31, 2020. Use compound entries wherever appropriate. (no explanations required) ~ Date Account Names And Explanations N

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