Question: can you please help me finish aswering chapter 4 - instruction #2 ans chapter 4-instruction #4 Continuing Problem Chapter 4 - Instruction 2 Journalize the



Continuing Problem Chapter 4 - Instruction 2 Journalize the closing entries. Include Posting References, using the account numbers in your spreadisheet. The retained eamings account is a 32 in the ledger of p5 Music Refer to your answers from Chapter 4, Part 1 to complete this part. If an amount box does not require an entry, leave it blank. In preparing closing entries, fecall that (1) revenue accounts are debited for their balances and expense accounts are credited for their balances, The difference between the revenue and expenses is elther credited (revenues exceed expenses) or debited (expenses exceed revenues) to the retaincd earnings account, and (2) the retained earnings account is debited for the balance of the dividends account. Continuing Problem Chapter 4 - Instruction #3 Post the closing entries completed in Chapter 4 Part 2 to the ledgers in the spresdsheet you saved in Chapter 3 Part 2 . Extend the account balance to the appropriate balance column after each posting. The retained eamings account is =32 in the ledger of p5 Music. Be sure to save your work in the spreadsheet. Continuing Problem Chapter 4 - Instruction 4 Prepare a post-closing trial balance as of July 31,20 Y5. Refer to the spreadsheet that you used to post the closing entries in Chapter 4, Part 3. If an amount box does not require an entry, leave it blank. Continuing Problem Chapter 4 - Instruction 2 Journalize the closing entries. Include Posting References, using the account numbers in your spreadisheet. The retained eamings account is a 32 in the ledger of p5 Music Refer to your answers from Chapter 4, Part 1 to complete this part. If an amount box does not require an entry, leave it blank. In preparing closing entries, fecall that (1) revenue accounts are debited for their balances and expense accounts are credited for their balances, The difference between the revenue and expenses is elther credited (revenues exceed expenses) or debited (expenses exceed revenues) to the retaincd earnings account, and (2) the retained earnings account is debited for the balance of the dividends account. Continuing Problem Chapter 4 - Instruction #3 Post the closing entries completed in Chapter 4 Part 2 to the ledgers in the spresdsheet you saved in Chapter 3 Part 2 . Extend the account balance to the appropriate balance column after each posting. The retained eamings account is =32 in the ledger of p5 Music. Be sure to save your work in the spreadsheet. Continuing Problem Chapter 4 - Instruction 4 Prepare a post-closing trial balance as of July 31,20 Y5. Refer to the spreadsheet that you used to post the closing entries in Chapter 4, Part 3. If an amount box does not require an entry, leave it blank
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