Question: TASK 3 - CLOSING ENTRIES After completing the balance day adjustments, Lenora would like you to record the following closing entries. Use the 2023 FR
TASK 3 - CLOSING ENTRIES After completing the balance day adjustments, Lenora would like you to record the following closing entries. Use the 2023 FR Master File to complete these tasks. Complete the following Balance Day Adjustments for Merindah Homewares: 1. Record the following closing entries in the General Journal: i. Sales revenue to the trading account ii. Balance of COGS to the trading account iii. Balance of trading account to the P&L account iv. Interest income to the P&L account
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