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how do I prepare closing entry for. cost of goods sold: $206,180 salary exp: 65,430 freight-out: 7,900 sales Discount:8,130 Ins. 13,330 sales...

how do I prepare closing entry for.
cost of goods sold: $206,180 salary exp: 65,430
freight-out: 7,900 sales Discount:8,130
Ins. Exp.: 13,330 sales return/allowances:13,280
rent exp: 20,470 sales:377,790

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