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The adjusted trial balance of Simpson Sign Company follows: Requirements 1. Assume Simpson Sign Company has a January 31 year-end. Journalize Simpson's closing entries at

The adjusted trial balance of Simpson Sign Company follows: Requirements 1. Assume Simpson Sign Company has a January 31 year-end. Journalize Simpson's closing entries at January 31. How much net income or net loss did Simpson Sign Company earn for the year ended January 31? How can you tell

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