Assume that debit balances at the end of the accounting period are $2,800 in Rent Expense, $2,200
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Assume that debit balances at the end of the accounting period are $2,800 in Rent Expense, $2,200 in Wages Expense, and $1,000 in Other Expenses. Prepare the required closing entry in journal form. The accounting period ends December 31.
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