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S 3-18 (Algo) Preparing closing entries from the ledger LO P6 The ledger of Mai...

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Accounting

S 3-18 (Algo) Preparing closing entries from the ledger LO P6 The ledger of Mai Company includes the following accounts with normal balances as of December 31: Common Stock $10,200; Dividends $1,400; Services Revenue $25,000; Wages Expense $14,400; and Rent Expense $4,000

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