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Use the following excerpts from the year-end Adjusted Trial Balance to prepare the four closing journal entries required to close the books: Adjusted Trial Balance
Use the following excerpts from the year-end Adjusted Trial Balance to prepare the four closing journal entries required to close the books: Adjusted Trial Balance Debit Credit Dividends $24,000 Sales Revenue $194,000 Automobile Expense 15,500 Insurance Expense 30,000 Salaries Expense 96,000 Supplies Expense 6,500
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