Question: fPag Practice Quiz Adjusing and Closing Entries - Part 2 Required: Prepare the necessary closing entries and post to the accounts below: Common Stock Dividends

\fPag Practice Quiz Adjusing and Closing Entries - Part 2 Required: Prepare the necessary closing entries and post to the accounts below: Common Stock Dividends 40,000 1/1 2/1 3,000 4/1 5,000 8/1 5,000 Retained Earnings 15,000 1/1 General Journal Date Description Debit Credit Closing Entries:Page

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