Question: Please help me verify/solve this for a thumbs up. Thank you! 1. Prepare the December 31 closing entries. The account number for Income Summary is

Please help me verify/solve this for a thumbs up. Thank you!

Please help me verify/solve this for a thumbs up. Thank you! 1. Prepare the December 31 closing entries. The account number for Income Summary is 901 . 2. Prepare the December 31 post-closing trial balance. Note: The A. Cruz, Capital account balance was $43,403 on December 31 of the prior year. Journal entry worksheet Record the entry to close revenue

accounts. Note: Enter debits before credits. Journal entry worksheet Record the entry

1. Prepare the December 31 closing entries. The account number for Income Summary is 901 . 2. Prepare the December 31 post-closing trial balance. Note: The A. Cruz, Capital account balance was $43,403 on December 31 of the prior year. Journal entry worksheet Record the entry to close revenue accounts. Note: Enter debits before credits. Journal entry worksheet Record the entry to close expense accounts. Note: Enter debits before credits. Journal entry worksheet Record the entry to close income summary account. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the withdrawals account. Note: Enter debits before credits. Prepare the December 31 post-closing trial balance. Note: The A. Cruz, Capital account balance was $43,403 on December 31 of the prior year

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