From the following items in the Income Statement columns of the work sheet of Lydon Industries at December 31,20x5,prepare the closing entries without explanations,assuming that a $75 withdrawal was made by the owner during the period.
Definitions:
Emotional Distress
A legal term referring to the mental suffering or anguish induced by an incident of negligence or intentional wrongdoing.
Outrageous Conduct
Behavior by a party that is so extreme or beyond the bounds of decency that it causes shock or offense.
Actionable Behavior
Conduct that gives sufficient legal ground for a lawsuit, identifying behaviors that can lead to legal action.
False Imprisonment
The unjustified detention or confinement of a person without legal authority or their consent.
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