Plevin Company ended its fiscal year on July 31, 2019. The company's adjusted trial balance as of

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Plevin Company ended its fiscal year on July 31, 2019. The company's adjusted trial balance as of the end of its fiscal year is shown below.

Plevin Company ended its fiscal year on July 31, 2019.

Instructions
(a) Prepare the closing entries using page J15.
(b) Post to the Retained Earnings and No. 350 Income Summary accounts. (Use the three-column form.)
(c) Prepare a post-closing trial balance at July 31.

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Financial Accounting

ISBN: 978-1119305736

10th edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel

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