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The adjusted trial balance o f Stone Sign Company follows: A screenshot o f a cell phoneDescription automatically generated Requirements 1 . Assume Stone Sign

The adjusted trial balance of Stone Sign Company follows:
A screenshot of a cell phoneDescription automatically generated
Requirements
1. Assume Stone Sign Company has a January 31 year-end. Journalize Stones closing entries at January 31.
2. How much net income or net loss did Stone Sign Company earn for the year ended January 31? How can you tell?

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