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After closing revenues and expense natraj company shows the

1. After closing revenues and expense, Natraj Company shows the following account balances.

Dividends...................$22,000
Retained Earnings ................70,000
Income Summary .................36,000 (credit balance)
Prepare the remaining closing entries at December 31.

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Accounting Basics: After closing revenues and expense natraj company shows the

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Accounting Basics: After closing revenues and expense natraj company shows the

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