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The ledger of Turner Company includes the following accounts with normal balances Retained Earnings $24000 Dividends $1200 Services Revenue $40000 Wages Expense

The ledger of Turner Company includes the following accounts with normal balances: Retained Earnings $24,000; Dividends $1,200; Services Revenue $40,000; Wages Expense $15,000; and Rent Expense $6,000. Prepare the necessary closing entries from the available information at December 31.

May 14 2020 View more View Less

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