Question: 53 Note: If no entry is required for a transaction/event, select No journal entry required in the Journal entry worksheet Record the entry to close

"No journal entry required" in the Journal entry worksheet Record the entry

to close the expense accounts. Note: Enter debits before credits. Journal entry

worksheet Record the entry to close the revenue accounts. Note: Enter debits

53 Note: If no entry is required for a transaction/event, select "No journal entry required" in the Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the revenue accounts. Note: Enter debits before credits. The adjusted trial balance for China Tea Company at December 31, 2024, is presented below: Required: Prepare the closing entries for China Tea Company for the year ended December 31, 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Note: If no entry is required for a transaction/event, select "No journal entry requ Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits

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