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The ledger of Quentin Company contains the following balances: Quentin, Capital $31,120; Quentin, Drawing $1,680; Service Revenue $48,988; Salaries Expense $27,123; and Supplies Expense $3,145.

The ledger of Quentin Company contains the following balances: Quentin, Capital $31,120; Quentin, Drawing $1,680; Service Revenue $48,988; Salaries Expense $27,123; and Supplies Expense $3,145. Prepare the closing entries at December 31

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