Question: Problem 6 . 2 A ( Algo ) Journalizing and posting adjusting and closing entries and preparing a postclosing trial balance. LO 6 - 1

Problem 6.2A (Algo) Journalizing and posting adjusting and closing entries and preparing a postclosing trial balance. LO 6-1,6-2
A completed worksheet for The King Group is given below.
Required:
Record the adjusting entries in the general journal (transactions 1-3).
Record the closing entries in the general journal (transactions 4-7).
Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances.
Prepare a postclosing trial balance.
How many accounts are listed in the adjusted and postclosing trial balance section?
Problem 6.2A (Algo) Journalizing and posting adjusting and closing entries and

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