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From the following information, journalize the last two closing entries for Nishimoto Company: Mar. 1...

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Accounting

From the following information, journalize the last two closing entries for Nishimoto Company: Mar. 1 Dec. 9 DATE H. Nishimoto, Capital + + H. Nishimoto, Drawing 35,000 40,000 Jan. 1 Bal. Apr. 7 DESCRIPTION 20-- Closing Entries Dec. 31 Income Summary 450,000 18,000 H. Nishimoto, Capital Dec. 31 H. Nishimoto, Capital Dec. 31 Adj. Dec. 31 Closing GENERAL JOURNAL H. Nishimoto, Drawing DOC. NO. POST. REF. Income Summary 190,000 Dec. 31 Adj. 415,000 Dec. 31 Closing DEBIT 0 X 0 X PAGE CREDIT 206,000 492,000 468,000 X 0 X
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From the following information, fournalize the last two closing entries for Nishimoto Company

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