Problem

(L.OBJ. 4) Closing entries [5-10 min] The data for Tamara’s Tax Service, Inc., for the...

(L.OBJ. 4) Closing entries [5-10 min]

The data for Tamara’s Tax Service, Inc., for the year ended December 31, 2010, follow:

Requirement

1. Journalize the required closing entries for the year.

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Solutions For Problems in Chapter 11

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