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With closing entries, you would expect to find all of the following except debit Unearned Rent; credit Income Summary. debit Sales Revenue; credit Income Summary.
With closing entries, you would expect to find all of the following except
debit Unearned Rent; credit Income Summary.
debit Sales Revenue; credit Income Summary.
debit Retained Earnings; credit Dividends.
debit Income Summary; credit Loss on Sale of Land.
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