Following Are Selected Accounts and Their Balances for a Company

Question 64

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Following are selected accounts and their balances for a company after the adjustments as of May 31, the end of its fiscal year. (All accounts have normal balances.) Following are selected accounts and their balances for a company after the adjustments as of May 31, the end of its fiscal year. (All accounts have normal balances.) Prepare all the necessary closing entries for this company. Prepare all the necessary closing entries for this company.

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