Refer to the data for Rocky Mountain Resort Inc. in P4-12B. Instructions (a) Prepare the closing journal

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Refer to the data for Rocky Mountain Resort Inc. in P4-12B.

Instructions

(a) Prepare the closing journal entries.

(b) Post the closing entries to the T accounts prepared in P4-12B.

(c) Prepare a post-closing trial balance at August 31.

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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