Prepare the year-end closing entries


Type your question hereSide Kicks has year-end account balances of Sales $908,290; Interest Revenue $14,690; Cost of Goods Sold $562,470; Operating Expenses $196,890; Income Tax Expense $36,010; and Dividends $19,689. Prepare the year-end closing entries.

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Accounting Basics: Prepare the year-end closing entries
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