Question: hello! as per my last post i need help with a few questions please. this is the second part i would appreciate some help. thank
B. The adjusted trial balance of Local Food Store at December 31, 2021 follows (all numbers are in thousand dollars): Local Food Store Adjusted Trial Balance 31-Dec-21 Accounts Cash Accounts Receivable Inventory Prepaid Insurance Supplies Equipment Accumulated Depreciation-Furniture Accounts Payable Salaries Payable Unearned Revenue Notes Payable, long-term John Thompson, Capital John Thompson, Withdrawals Sales Revenue Sales Returns and Allowance Sales Discounts Cost of Goods Sold Selling Expense Administrative Expense Interest Expense Total Debit Credit $6 3 22 4 2 90 $32 5 1 8 4 67 5 73 2 1 40 8 6 $190 $190 Requirements: Prepare journal entries to close temporary accounts. Date Accounts and Finlanatione Takit
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