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Using a journal same entry sheet outline Step 1 : Prepare the entry to close the revenue account ( s ) . The following is
Using a journal same entry sheet outline
Step : Prepare the entry to close the revenue accountsThe following is an adjusted trial balance at December
Prepare the closing entries for the year ended December
Step : Prepare the entry to close the expense accounts
Step : Prepare the entry to close income summary.
Step : Prepare the entry to close the dividends account.
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