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Business, 09.10.2021 14:00 chloeholt123

The following selected accounts and normal balances existed at year-end. Accounts receivable $46,000 Prepaid insurance 4,900 Land 53,000 Accounts payable 41,000 Notes payable 59,000 Retained earnings 15,000 Dividends 2,100 Fees earned revenue 68,000 Selling expenses 35,500 Administrative expenses 13,250 Miscellaneous expense 1,250 Make the four journal entries required to close the books. If an amount box does not require an entry, leave it blank.

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The following selected accounts and normal balances existed at year-end. Accounts receivable $46,000...

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