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Prepare the necessary closing entries

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Question - Prepare the necessary closing entries based on the following selected accounts. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Accumulated Depreciation $10,000

Depreciation Expense 4,000

Retained Earnings 20,000

Dividends 12,000

Salaries and Wages Expense 18,000

Service Revenue 31,000

Reference no: EM132568474

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