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The worksheet for Hancock Company shows the following table-2 in the financial statement columns: R. Hancock, Drawing R. Hancock, Capital $15,000 $42,000 $8,000 Net

The worksheet for Hancock Company shows the following table-2 in the financial statement columns: R. Hancock, Drawing R. Hancock, Capital $15,000 $42,000 $8,000 Net Loss Table-2 Required: Prepare the closing entries at December 31 that affect owner's capital.

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