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Prepare the companys closing entries

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Maureen's Tennis reported the following selected accounts in its June 30, 2014, annual financial statements. Prepare the company's closing entries.

Maureen Thor, Capital

$126,000

Interest Expense

$9,000

Service Revenue

364,000

Accounts Receivable

62,000

Unearned Revenues

6,800

Salaries Payable

3,600

Salary Expense

170,000

Amortization Expense

44,000

Accumulated Amortization

140,000

Rent Expense

25,000

Supplies Expense

23,000

Maureen Thor, Withdrawals

94,000

Interest Revenue

7,400

Supplies

6,600

Reference no: EM131806497

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