Question: At year end 2013 the trial balance of Pennopscott Corp showed

At year-end 2013, the trial balance of Pennopscott Corp. showed the following accounts and amounts:


Assume that, taken together, the variances are believed to be significant. Prepare the journal entries to close the variances at year-end. Round any necessary calculations to one decimalpoint.
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  • CreatedJune 03, 2014
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