Selected accounts and amounts appear below. Journalize the closing entry, assuming a perpetual inventory system. 
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Q221: Assume that the total inventory on hand
Q225: Which of the following accounts carry a
Q226: During the current year, merchandise is sold
Q228: Assume that the total inventory counted at
Q229: Details of invoices for purchases of
Q231: The following entry was recorded in the
Q232: The following data for the current year
Q237: Selected data from the ledger of Beck
Q238: What are the correct amounts missing from
Q239: Find the missing amounts from the income
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