The adjusted trial balance as of December 31, 2018, for Brooks Consulting Company contains the following selected

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The adjusted trial balance as of December 31, 2018, for Brooks Consulting Company contains the following selected accounts.

a. Prepare entries to close these accounts in journal entry form.

b. Set up T-accounts for each of the ledger accounts. enter the balances above. and post the closing: entries to them. After these entries are posted. What is the post-closing balance of the Retained Earnings account?

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Financial Accounting

ISBN: 9781618533111

6th Edition

Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman

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