Question: Preparing closing entries from an adjusted trial balance; preparing a post-closing trial balance; and calculating the current ratio Matthew's Bowling Alley's adjusted trial balance as

Preparing closing entries from an adjusted trial balance; preparing a post-closing trial balance; and calculating the current ratio Matthew's Bowling Alley's adjusted trial balance as of December 31, 2016, is presented below: Requirements 1. Prepare the closing entries for Matthew's Bowling Alley. 2. Prepare a post-closing trial balance. 3. Compute the current ratio for Matthew's Bowling Alley

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