Required:

a$.$ Prepare the closing entries dated December $31,2025.$

b$.$ Enter the beginning balance into the following T$-$account for Retained Earnings and post the closing entries.

Hint $-$ Watch Chap $4$ Video $5$ for a step$-$by$-$step example that will prepare you to do this exercise.

Complete this question by entering your answers in the tabs below.

Required $A$

Required B

Prepare the closing entries dated December $31,2025.$

Journal entry worksheet

$$

A

B

Record the entry for closing the revenue and expense accounts.