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The ledger of Rios Company contains the following balances after adjustments: Retained Earnings $30,000; Dividends $2,000; Service Revenue $50,000; Salaries and Wages Expense $27,000; and Supplies Expense $7,000. Prepare the closing entries at December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Prepare the closing entries at December 31.
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The ledger of Rios Company contains the following balances after adjustments: Retained Earnings $30,...
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