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  3. Study Set
    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 139

Question 139

Essay

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

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