The following information is available for Potts Company: 
Instructions
Using the above information, prepare the closing entries for Potts Company.
Definitions:
Log Odds
The logarithm of the odds ratio, used in logistic regression to transform the probability of an event occurring versus not occurring.
Student Government Elections
A democratic process in educational institutions where students vote to elect their peers to represent them in the student government body.
Survey
A method of gathering information from individuals, usually by asking a series of questions.
Random Sample
A subset taken from a larger group, where every person has an identical likelihood of being picked.
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