Question: Reference Reference Reference Reference Post the closing entries at December 31, 2024. Use Cio. and the cocresponding number as shown in the journal entry as









Reference Reference Reference Reference Post the closing entries at December 31, 2024. Use "Cio." and the cocresponding number as shown in the journal entry as pesting references - Clos (1)?" "Clos (2)", etc. The adjusted balance ("Ad). Bal.7 of each account has been entered for you Post any dosing entries to the acoounts and then calculale the post-closing balance ("Bal ") of each account (including those that were not closed) For any accounts with a zero balance atter closing, enter a "O" on the normal side of the accounh. For lncome Summary, calculate and enter the balance ("Bal.") before posting the entry to close out the account Post the entry to close income Summary account on the same line as you entered the balance prior to closing (the second tine) and then show the post-dosing balance ("Bal.") on the last (third) tine of the account. Revew the dosing ioumalentres you oregared abors. Telephone Payable Utilities Expense Land Unearned Revenue Telephone Expense Depreciation Expense-Canoes Accumulated Depr--Canoes Wallace, Withdrawais Interest Expense \begin{tabular}{l|l|} \hline \multicolumn{2}{c}{ Interest Expense } \\ \hline Adj. Bal. & \\ \hline & \end{tabular} Income Summary Requirement 5. Prepare a post-closing trial balance at December 31, 2024. Review the ending balances of the T-accounts that you prepared in Requirement 4 Building Accumulated Depreciation-Building Land Accounts Payable Interest Payable Unearned Revenue Notes Payable Wallace, Capital Total
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