at the beginning of 2016 oak consulting had the following normal balances in its accounts account balance/

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d. Record the closing entries in the general journal and post them to the T-accounts. What is the amount of net income for the year?
e. What is the amount of change in retained earnings for the year? Is the change in retained earnings different from the amount of net income? If so, why?
f. Prepare a post-closing trial balance.

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