please give correct answer. ASAP

record and post approprite closing entries

prepare post closing trial balance

CUMULATIVE PROBLEM - Aster Systems The first two segments of this comprehensive problem were in Chapters 2 and 3, and the final segment is presented in Chapter 5. If the Chapter 2 and 3 segments have not been completed, the assignment can begin at this point. It is recommended that you use the Working Papers that accompany this book because they reflect the account balances that resulted from posting the entries required in Chapters 2 and 3. The transactions of Aster Systems for October through December 2020 have been recorded in the problem segments in Chapters 2 and 3, as well as the year-end adjusting entries. Prior to closing the revenue and expense accounts for 2020, the accounting system is modified to include the Income Summary account, which is given the number 901. Required 1. Record and post the appropriate closing entries. 2. Prepare a post-closing trial balance. 1If students have not purchased the Working Papers package, the Working Papers for the serial problem are available on the Connect website.. CUMULATIVE PROBLEM - Aster Systems The first two segments of this comprehensive problem were in Chapters 2 and 3, and the final segment is presented in Chapter 5. If the Chapter 2 and 3 segments have not been completed, the assignment can begin at this point. It is recommended that you use the Working Papers that accompany this book because they reflect the account balances that resulted from posting the entries required in Chapters 2 and 3. The transactions of Aster Systems for October through December 2020 have been recorded in the problem segments in Chapters 2 and 3, as well as the year-end adjusting entries. Prior to closing the revenue and expense accounts for 2020, the accounting system is modified to include the Income Summary account, which is given the number 901. Required 1. Record and post the appropriate closing entries. 2. Prepare a post-closing trial balance. 1If students have not purchased the Working Papers package, the Working Papers for the serial problem are available on the Connect website.. CUMULATIVE PROBLEM - Aster Systems The first two segments of this comprehensive problem were in Chapters 2 and 3, and the final segment is presented in Chapter 5. If the Chapter 2 and 3 segments have not been completed, the assignment can begin at this point. It is recommended that you use the Working Papers that accompany this book because they reflect the account balances that resulted from posting the entries required in Chapters 2 and 3. The transactions of Aster Systems for October through December 2020 have been recorded in the problem segments in Chapters 2 and 3, as well as the year-end adjusting entries. Prior to closing the revenue and expense accounts for 2020, the accounting system is modified to include the Income Summary account, which is given the number 901. Required 1. Record and post the appropriate closing entries. 2. Prepare a post-closing trial balance. 1If students have not purchased the Working Papers package, the Working Papers for the serial problem are available on the Connect website.. CUMULATIVE PROBLEM - Aster Systems The first two segments of this comprehensive problem were in Chapters 2 and 3, and the final segment is presented in Chapter 5. If the Chapter 2 and 3 segments have not been completed, the assignment can begin at this point. It is recommended that you use the Working Papers that accompany this book because they reflect the account balances that resulted from posting the entries required in Chapters 2 and 3. The transactions of Aster Systems for October through December 2020 have been recorded in the problem segments in Chapters 2 and 3, as well as the year-end adjusting entries. Prior to closing the revenue and expense accounts for 2020, the accounting system is modified to include the Income Summary account, which is given the number 901. Required 1. Record and post the appropriate closing entries. 2. Prepare a post-closing trial balance. 1If students have not purchased the Working Papers package, the Working Papers for the serial problem are available on the Connect website