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Problem 4: Closing Entries ( 22 points) Following is an alphabetical list of the assets, liabilities, revenues, and expenses of Yosemite Sight and Sound, Inc. Prepare Yosemite Sight and Sound's closing entries. Use the temporary account "Income Summary" as shown in class. No explanations are needed, but do them in proper order and format..

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Problem 4: Closing Entries ( 22 points) Following is an alphabetical list of the assets, liabilities, revenues, and expenses of Yosemite Sight and Sound, Inc. Prepare Yosemite Sight and Sound's closing entries. Use the temporary account "Income Summary" as shown in class. No explanations are needed, but do them in proper order and format.

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Problem 4 Closing Entries 22 points Following is an alph.pdf

  • 1. Problem 4: Closing Entries ( 22 points) Following is an alphabetical list of the assets, liabilities, revenues, and expenses of Yosemite Sight and Sound, Inc. Prepare Yosemite Sight and Sound's closing entries. Use the temporary account "Income Summary" as shown in class. No explanations are needed, but do them in proper order and format.