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Complete this question by entering your answers in the tabs below. Wilderness Guide Services, Inc., performs adjusting entries every month, but closes its accounts only

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Complete this question by entering your answers in the tabs below. Wilderness Guide Services, Inc., performs adjusting entries every month, but closes its accounts only at year-end. The company's year- end adjusted trial balance dated December 31, current year, is as follows. Required A Required B Prepare all necessary closing entries at December 31, current year. (It no entry is required for a transaction/event, select "No tournal entry requirert" in the tirst account field. View transaction list $ Journal entry worksheet WILDERNESS GUIDE SERVICES, INC. Adjusted Trial Balance December 31, Current Year Cash $ 12,200 Accounts receivable 31,000 Camping supplies 7,900 Unexpired insurance policies 2,400 Equipment 70,000 Accumulated depreciation: equipment Notes payable (due 4/1ext year) Accounts payable Capital stock Retained earnings Dividends 1,000 Guide revenue earned Salary expense 87,500 Camping supply expense 1,200 Insurance expense 9,600 Depreciation expense: equipment 5,000 Interest expense 1,700 $ 229,500 60,000 18,000 9,500 25,000 15,000 102,000 Record the entry to close the revenue account. Note: Enter dcbita bcforc crcdits. $ 229,500 General Journal Debit Credit Date December 31 a. Prepare all necessary closing entries at December 31, current year. b. Prepare an after-closing trial balance dated December 31, current year. Complete this question by entering your answers in the tabs below. Reculred Required B Record entry Clear entry View general journal Prepare an after-closing trial balance cate: December 31, current year WILDERNESS GUIDC SERVICES, INC. After-Closing Tral Balence 31, Cumil Year Totals 0 %

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