Question: 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



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: 1. Record the adjusting entrles in the general journal (transactions 1-3). 2. Record the closing entrles In the general journal (transactions 4-7). 3. Post the adjusting entrles and the closing entrles to the general ledger accounts. Hint: Be sure to enter beginning balances. 4. Prepare a postclosing trial balance. How many accounts are IIsted in the adjusted and postclosing trlal balance section? Complete this question by entering your answers in the tabs below. Record the adjusting entries and the closing entries in the general journal. Journal entry worksheet 345 Note: Enter debits before credits
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