Question: Please type out don't handwrite. Verify the general journal and general ledger. Will give thumbs up if done correctly. Exercise 4-8 (Algo) Preparing and posting


Exercise 4-8 (Algo) Preparing and posting closing entries LO P2 Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances). (a) Prepare closing joumal entries from the above ledger accounts (b) Post the entries from Requirement (a) to the General Ledger accounts below. Use the transaction number from Requirement (a) as the date Complete this questions by entering your answers in the tabs below. Prepare dosing journal entries from the above ledger accounts. Post the entries from Requirement (a) to the General Ledger accounts below. Use the transaction number from Requirement (a) as t
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