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The following table contains financial information for Halley Inc. before closing entries: Cash $ 12,000 Supplies 4,500 Prepaid Rent 2,000 Salaries Expense 4,500 Equipment 65,000
The following table contains financial information for Halley Inc. before closing entries: Cash $ 12,000 Supplies 4,500 Prepaid Rent 2,000 Salaries Expense 4,500 Equipment 65,000 Service Revenue 30,000 Miscellaneous Expense 20,000 Dividends 3,000 Accounts Payable 5,000 Common
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