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3 01 28 48 The following information is provided for Sacks Company before closing entries...

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3 01 28 48 The following information is provided for Sacks Company before closing entries Cash Supplies Prepaid rent Salaries expense Equipment Service revenue 12 400 4 900 2 400 4 900 65 400 31 600 20 400 3 400 5 400 Miscellaneous expenses Dividends Accounts payable Common stock Retained earnings What is the amount of total shareholders equity Multiple Choice 68 400 8 400

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