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Complete this question by entering your answers in the tabs below. Transfer balances of all temporary accounts to Retained Earnings and calculate its ending balance Retained Earnings after closing will be the amount shown in the balance sheet.) Note: Enter amounts to be deducted with a minus sign. Complete this question by entering your Calculate all account balances after closing. The year-end financial statements of Python Tax Services are provided below. 1. Transfer balances of all temporary accounts to Retained Earnings and calculate its ending balance. (Hint The balance of Retained Earnings after closing will be the amount shown in the balance sheet.) 2. Calculate all account balances after closing
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