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Use the following adjusted trial balance at December 31 of Wilson Trucking Company to prepare...

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Accounting

Use the following adjusted trial balance at December 31 of Wilson Trucking Company to prepare the (1) income statement and (2) statement of retained earnings, for the year ended December 31. The Retained Earnings account balance was $140,000 at December 31 of the prior year.
Preparing closing entries
Using Wilson Trucking Company's adjusted trial balance, prepare its December 31 closing entries.
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