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From the following items in the income statement columns of the worksheet of Brandy's Tutoring at December 31, prepare the closing entries without explanation, assuming that a $2,000 withdrawal was made during the period.
Recall
The mental process of retrieving information from the past, without the aid of external cues.
Atkinson-Shiffrin Model
A theory of human memory that proposes memory is processed through three systems: sensory memory, short-term memory, and long-term memory.
Memory
The mental capacity to store, retain, and recall information and experiences from the past.
Working Memory System
A mental system that has a restricted ability and is in charge of briefly maintaining information ready for processing.
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