Question: Problem 4-5A This problerp should be used only in conjunction with Problem 4-3A. It completes the Completing the accounting cycle 25 accounting cycle by posting
Problem 4-5A This problerp should be used only in conjunction with Problem 4-3A. It completes the Completing the accounting cycle 25 accounting cycle by posting to T-accounts and preparing the post-closing trial balance. 2. Post-closing trial balance total $218,500 Required 1. Using the data in Problem 4-3A, post the adjusting and closing entries to the T-accounts, identifying adjusting amounts as Adj, closing amounts as Clo., and account balances as Bal, as shown in Exhibit 4-10 (page 187). Double underline all accounts with a zero ending balance. 2. Prepare the post-closing trial balance. 3. Prepare a classified balance sheet at December 31, 2017
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