The adjusted trial balance for Burke Consultants Company at the end of its fiscal year is shown
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The adjusted trial balance for Burke Consultants Company at the end of its fiscal year is shown below.
Required
Prepare in journal form the required closing entries for Burke ConsultantsCompany.
Transcribed Image Text:
Burke Consultants Company Adjusted Trial Balance December 31, 2010 Accounts Receivable Accumulated Depreciation-Office Equipment Accumulated Depreciation-Automobile Unearned Consulting Fees D. Burke, Withdrawals $765 1,700 1,500 Consulting Fees Earned 32,550 aries Expense $51,800 $51,800
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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