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Problem 6.3A (Algo) Journalizing and posting closing entries. LO 6-1 On December 31 , after adjust ...
Problem 6.3A (Algo) Journalizing and posting closing entries. LO 6-1 On December 31 , after adjustments, Gonzalez Company's ledger contains the following account balances: Required: 1. Journalize the closing entries in the general journal. 2. Post the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances. Analyze: What is the balance of the Salaries Expense account after closing entries are posted? Complete this question by entering your answers in the tabs below. Journalize the closing entries in the general journal.
Complete this question by entering your answers in the tabs below. Journalize the closing entries in the general journal. Journal entry worksheet Record the closing entry for revenue. Note: Enter debits before credits.
Required 1 Required 2 Analyze Post the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances. ? Required 1 Prev 5 of 6 Next >
Complete this question by entering your answers in the tabs below. What is the balance of the Salaries Expense account after closing entries are posted?