Prepare the closing entries from the following selected accounts from the records of Hector, Inc.,..

Prepare the closing entries from the following selected accounts from the records of Hector, Inc.,..

Prepare the closing entries from the following selected accounts from the records of Hector, Inc., at December 31, 2016: How much net income did Hector earn during 2016? Prepare a T-account for Retained Earnings trial balance and income statement amounts from the December 31 adjusted trial balance of Emerson Production Company follow:

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