omework CH$5-$ Google Chrome

n$.$com$/$Student$/$PlayerHomework$.$aspx?homeworkld $=673465847$ &questionld $=6$& flushed $=$ false&cld $=7826267$erwin$=$yes

Francesk Muco $,\frac{06}{23}\frac{?}{24}7$:$30$ PM

$635$ Summer $2024$

Question $7,$ EF$5-26($similar to$)$

HW Score: $35\mathrm{.}94\%,35\mathrm{.}94$ of $100$ points

work: Homework CH$5$

Part $1$ of $6$

Points: $0$ of $10$

Quality Business Systems uses a perpetual inventory system. The adjusted trial balance of Quality Business Systems at March $31,2024,$ follows $($Click the icon to view the adjusted trial balance.$)$

Read the requirements.

stion $1$

estion $2$

uestion $3$

Question $4$

Question $5$

Question $6$

Question $7$

Question $8$

Question $9$

Question $10$

Question $11$

Requirements

Journalize the required closing entries at March $31,2024.$

The following $T-$accounts have been set up: Income Summary: Retained Earnings; and Dividends. Post the closing entries to the $T-$accounts, and calculate their ending balances.

How much was Quality's net income or net loss?

$$

$$

$$

Data table

$\backslash$table$[[\{$

$\backslash$table$[[$Quality Business Systems$],[$Adjusted Trial Balance$],[$March $31,2024]]\}],[],[],[,$Balance$],[$Account Title,Debit,Credit$],[$Cash$,2,600,$:$\text{'}$