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Exercise $3-18($Algo$)$ Record closing entries and prepare a post$-$closing trial balance $($LO$3-6,3-7)$

Laker Incorporated's fiscal year$-$end is December $31,2024.$ The following is an adjusted trial balance as of December $31.$

$\backslash$table$[[$Cash Accounts,Debit,Credit$],[$Supplies$,$$$11,000,],[$Prepaid Rent,$34,000,],[$Accounts Payable,$25,000,$$$2,000$