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Use the following income statement for the year 2020 for Wildhorse Company to prepare entries to close the revenue and expense accounts for the company.

image text in transcribed Use the following income statement for the year 2020 for Wildhorse Company to prepare entries to close the revenue and expense accounts for the company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)

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