pls help Required information Use the following information for the...

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Accounting

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Required information Use the following information for the Problems below: The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on invested capital is 8 percent. Required: The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on invested capital is 8 percent. Note: Round "Capital turnover" answers to 2 decimal places

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Required: Prepare closing journal entries. given the following adjusted ledger balance:             Cash                                                               100,000             Accounts Rec.                                                 300,000             Pre-paid expenses                                           50,000             Land                                                                  100,000             Equip.                                                                400,000             Accum. Depr.                                                   175,000             Accts. Pay.                                                       150,000             Notes Pay.                                                         50,000             STAR Capital                                                     100,000             STAR Drawing                                                     25,000             Income Summary                                                   0             Sales                                                                 805,000             Wage Exp.                                                       200,000             Maint Exp.                                                          75,000             Insr.Exp                                                              10,000             Depr. Exp.                                                          20,000

Accounting