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The Income Statement for Pepe Serna Company for the Year

Question 183

Essay

The income statement for Pepe Serna Company for the year ended December 31, 2022 is as follows: The income statement for Pepe Serna Company for the year ended December 31, 2022 is as follows: Prepare the entries to close the revenue and expense accounts at December 31, 2022.You may omit explanations for the transactions. Prepare the entries to close the revenue and expense accounts at December 31, 2022.You may omit explanations for the transactions.

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