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    Fundamental Accounting Principles Study Set 2
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    Exam 4: Completing the Accounting Cycle and Classifying Accounts
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    Prepare the Necessary Closing Entries at December 31
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Prepare the Necessary Closing Entries at December 31

Question 131

Question 131

Essay

Prepare the necessary closing entries at December 31.
2.What is the balance of Sara's capital account after the bookkeeper posts the closing entries?

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