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The adjusted account balances (assume normal balance) of the Rabbit Delivery Service on October 31 are as follows: Cash 30,000 Accounts receivable 36,000 Supplies 1,200
The adjusted account balances (assume normal balance) of the Rabbit Delivery Service on October 31 are as follows: Cash 30,000 Accounts receivable 36,000 Supplies 1,200 Prepaid insurance 4,000 Equipment 75,000 es Accumulated depreciation - equipment 15,000 Accounts payable 30,000 Retained earnings 32,200 Common stock Service revenue Interest revenue Depreciation expense Insurance expense Salaries expense Supplies expense 50,000 75,000 5,000 20,000 6,000 10,000 3,000 Utilities expense Dividends 7,000 15,000 On journal paper, prepare the end of period CLOSING JOURNAL ENTRIES for the Rabbit Delivery Service. OMIT EXPLANATION YOUR ANSWER AS A PDF FILE
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