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Which accounts are closed with credits at the end of each period? O a. Wage...

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Accounting

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Which accounts are closed with credits at the end of each period? O a. Wage Payable No Supplies Expense Retained Earnings No No b. Wage Payable No oc Wage Payable No Supplies Expense Retained Earnings Yes No Supplies Expense Retained Earnings Yes Yes Supplies Expense Retained Earnings Yes Yes O d. Wage Payable Yes Wage Payable Yes Supplies Expense No Retained Earnings No LAKE CORPORATION ADJUSTED TRIAL BALANCE DECEMBER 31 Cash $15,000 Accounts Receivable 7,000 Supplies 3.000 Prepaid Insurance 5,000 Equipment 24,000 Accumulated Depreciation Equipment Accounts Payable Common Stock Retained Earnings at 1/1 Dividends 8,000 Commission Revenue Depreciation Expense, Equipment 2,000 Wages Expense 14,000 Insurance Expense 4.000 $822.000 $6,000 12,000 20,000 10,000 34.000 582000 Total Stockholders' Equity at the end of the period is: Select one a $10,000 Ob 516,000 Oc$36,000 d. $44,000 Oe582,000

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