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The ledger of Mai Company includes the following accounts with normal balances: Common Stock, $10,000; Dividends, $1,300; Services Revenue, $23,000; Wages Expense, $13,400; and Rent
The ledger of Mai Company includes the following accounts with normal balances: Common Stock, $10,000; Dividends, $1,300; Services Revenue, $23,000; Wages Expense, $13,400; and Rent Expense, $3,600. Prepare the necessary closing entries from the available information at December 31
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