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Business, 15.02.2021 20:20 lvoltin1073
After all, adjustments have been made, but before the accounts have been closed, the following balances were taken from the ledger of Ramona's Designs:Accounts Payable $27.600Accounts Receivable 64,500Accumulated Depreciation 73,325Cash 17,150Depreciation Expense 13,500Equipment 165,000Insurance Expense 2,510Prepaid Insurance 6,275Rent Expense $32,700Salary Expense 41,390Salaries Payable 8,150Service Revenue 186,000Supplies 1,500Supplies Expense 2,500Common Stock 79,950Dividends 48,000Retained Earnings 20,000Journalize the entries to close the appropriate accounts for the month
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After all, adjustments have been made, but before the accounts have been closed, the following balan...
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