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Business, 21.02.2020 02:01 05eviebee

Summit Services Co. offers its services to individuals desiring to improve their personal images. After the accounts have been adjusted at May 31, the end of the fiscal year, the following balances were taken from the ledger of Summit Services: Fees Earned $1,150,000 Dividends 5,000 Rent Expense 200,000 Retained Earnings 450,000Supplies Expense 19,300 Wages Expense 915,000Miscellaneous Expense 31,900 Journalize the closing entries required to close the accounts.

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