Question: Current Attempt in Progress Prepare the necessary closing entries based on the following selected accounts. (Credit account titles are automatically indented when the amount is


Current Attempt in Progress Prepare the necessary closing entries based on the following selected accounts. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Accumulated Depreciation Depreciation Expense Owner's Capital Owner's Drawings Salaries and Wages Expense Service Revenue $10,000 6,000 20,000 9,000 19,000 40,000 Account Titles and Explanation Debit Credit (To close revenue account) (To close expense accont) (To close net income/loss) (To close owner's drawings)
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