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Following Is the Year-End Adjusted Trial Balance for Fred's Corner

Question 252

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Following is the year-end adjusted trial balance for Fred's Corner Grocery, Inc. for the current year: Following is the year-end adjusted trial balance for Fred's Corner Grocery, Inc. for the current year: Required: Prepare the closing entries at December 31 for the current year. Required:
Prepare the closing entries at December 31 for the current year.

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