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Prepare the closing entries

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Question - Oriole Company has the following year-end account balances on November 30, 2021: Service Revenue $40,000; Insurance Expense $2,800; Rent Expense $8,900; Supplies Expense $1,650; L. Wilfrid, Capital $44,000; and L. Wilfrid, Drawings $30,000. Prepare the closing entries.

Reference no: EM133033624

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