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The ledger of Mai Company includes the following accounts with normal balances: D. Mai, Capital $9,100; D. Mai, Withdrawals $850; Services Revenue $14,000; Wages Expense

The ledger of Mai Company includes the following accounts with normal balances: D. Mai, Capital $9,100; D. Mai, Withdrawals $850; Services Revenue $14,000; Wages Expense $8,900; and Rent Expense $1,800. Prepare the necessary closing entries from the available information at December 31.

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