Question: Please show and explain all steps EXERCISES Set B Temporary versus per accounts (10 min) Excel templates for all questions are available in My AccountingLab.)

 Please show and explain all steps EXERCISES Set B Temporary versus

Please show and explain all steps

EXERCISES Set B Temporary versus per accounts (10 min) Excel templates for all questions are available in My AccountingLab.) ES-B. Complete this table by placing an X in the correct column for each item. Excample: Accounts Receivable Temporary Permanent Will Be Closed 1. Store Supplies on Hand 2. Accrued Salaries 3. Jon Rich, Withdrawals 4. Income Summary 5. Commissions Earned 6. Accounts Payable 7. Accumulated Depreciation B-28. From the following T accounts, journalize the four closing entries on December Closing entries 31, 2019. Rent Expense J. Kohl, Capital 7,500 (5 min)

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