The adjusted trial balance of Parker Corporation. prepared December 31, 2018. contains the following selected accounts. a.

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The adjusted trial balance of Parker Corporation. prepared December 31, 2018. contains the following selected accounts.

a. Prepare entries to close these accounts in journal entry form.

b. Set up T-accounts for each of the ledger accounts, enter the balances above. and post the closing entries to them. After these entries are posted, what is the post-closing balance of the Retained Earnings account?

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Financial Accounting

ISBN: 9781618533111

6th Edition

Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman

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