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Hot Tamale Company Had $120,000 of Revenues and $125,000 of Expenses

question 59

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Hot Tamale Company had $120,000 of Revenues and $125,000 of Expenses. No dividends were paid. Please provide the third of the year-end closing entries.
Hot Tamale Company had $120,000 of Revenues and $125,000 of Expenses. No dividends were paid. Please provide the third of the year-end closing entries.


Definitions:

Communication

The exchange of information, ideas, or feelings between individuals or groups, typically involving speech, writing, or gestures.

Discrimination

Unfair or prejudicial treatment of people based on characteristics such as race, age, or gender.

"Real" Americans

A controversial and often subjective term that may refer to citizens of the United States perceived as embodying traditional American values or characteristics.

Drug Dealers

Individuals involved in the selling of illegal drugs.

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