Hart RV Center, Inc.'s, accounting records include the following accounts at December 31, 2010: Cost of...

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Hart RV Center, Inc.'s, accounting records include the following accounts at December 31, 2010: Cost of goods sold Accounts payable Rent expense Building Retained earnings Inventory Common stock $387,000 Accumulated depreciation $ 38,000 44,000 19,000 22,000 Cash Sales revenue 114,000 Depreciation expense 63,000 Dividends 256,000 Sales discounts 140,000 699,000 14,000 63,000 8,000 Requirement R1. Journalize the required closing entries for Hart RV Center for December 31, 2010. Hart RV Center, Inc.'s, accounting records include the following accounts at December 31, 2010: Cost of goods sold Accounts payable Rent expense Building Retained earnings Inventory Common stock $387,000 Accumulated depreciation $ 38,000 44,000 19,000 22,000 Cash Sales revenue 114,000 Depreciation expense 63,000 Dividends 256,000 Sales discounts 140,000 699,000 14,000 63,000 8,000 Requirement R1. Journalize the required closing entries for Hart RV Center for December 31, 2010.

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