Question: Preparing and Analyzing Closing Entries At December 31, the ledger of Aulani Company includes the following Earnings, $20,000; Interest Expense, $3,200; Dividends (declared a

Preparing and Analyzing Closing Entries At December 31, the ledger of Aulani Company includes the following Earnings, $20,000; Interest Expense, $3,200; Dividends (declared a Required: 1. Prepare the closing entries for Aulani at December 31. If an amo

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