Data Table Methew's Bowling Alny's adjusted trial balance as of December 31, 2024, la presented below Click the loon to view the ed al balance) Read the requirements Requirement 1. Prepare the dosing entries for Matthew's Bowling Alley (Record debits first, then credits Select the explanation Start by closing revenues Date Accounts and Explanation Debit Credit Doc. 31 Cost Matthew's Bowling Alley Adjusted Trial Balance December 31, 2024 Blanco Debit Credit 5 15.000 2.500 860 Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance 2.400 Land 45.000 125.000 $ Close expenses for the period 5,500 Date Accounts and Explanation Debit Credit 40.000 Dec 31 Clos (2 Building Accumulated Depreciation Building Equipment Accumulated Depreciation Equipment Accounts Payable Utilities Payable Salaries Payable Unearned Revenue 15.000 3.000 575 3.200 1.200 Print Dorin Done Choose from any lot of enter any number in the input folds and then continue to the next question Matthews Bowling Alley's adjusted trial balance as of December 31, 2024, is presented below. Click the icon to view the adjusted trial balance.) Read the requirements Close expenses for the period. Date Accounts and Explanation Debit Credit Dec 31 Clos (2) Close Income Summary Dato Accounts and Explanation Debit Credit Dec 31 Clos (3) Choose from any list or enter any number in the input fields and then continue to the next question Matthews Bowling Alley's adjusted trial balance as of December 31, 2024, is presented below: 12 Click the icon to view the adjusted trial balance.) Read the requirements Close Income Summary Date Accounts and Explanation Debit Credit Doc. 31 Clos (3) Close Withdrawals Date Accounts and Explanation Debit Credit Dec 31 Cios (4) Requirement 2. Prepare a post-closing trial balance Matthew's Bowling Alley Post-Closing Trial Balance Choose from any list or enter any number in the input fields and then continue to the next question Matthew's Bowling Alley's adjusted trial balance as of December 31, 2024, is presented below Click the icon to view the adjusted trial balance.) Read the requirements Requirement 2. Prepare a post-ciosing trial balance. Matthew's Bowling Alley Post-Cloning Trial Balance December 31, 2024 Balance Account Title Debit Credit Choose from any or enterary number in the input fields and then continue to the next question Matthews Bowling Alley's adjusted trial balance as of December 31, 2024, is presented below Click the icon to view the adjusted trial balance.) Read the requirements Total Requirementa. Compute the current ratio for Matthews Bowling Alley Select the labels, enter the amounts, the compute the current ratio (Round your answer to two decimal places) Current ratio Choose from any list or enter any number in the input fields and then continue to the next question Data Table Methew's Bowling Alny's adjusted trial balance as of December 31, 2024, la presented below Click the loon to view the ed al balance) Read the requirements Requirement 1. Prepare the dosing entries for Matthew's Bowling Alley (Record debits first, then credits Select the explanation Start by closing revenues Date Accounts and Explanation Debit Credit Doc. 31 Cost Matthew's Bowling Alley Adjusted Trial Balance December 31, 2024 Blanco Debit Credit 5 15.000 2.500 860 Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance 2.400 Land 45.000 125.000 $ Close expenses for the period 5,500 Date Accounts and Explanation Debit Credit 40.000 Dec 31 Clos (2 Building Accumulated Depreciation Building Equipment Accumulated Depreciation Equipment Accounts Payable Utilities Payable Salaries Payable Unearned Revenue 15.000 3.000 575 3.200 1.200 Print Dorin Done Choose from any lot of enter any number in the input folds and then continue to the next question Matthews Bowling Alley's adjusted trial balance as of December 31, 2024, is presented below. Click the icon to view the adjusted trial balance.) Read the requirements Close expenses for the period. Date Accounts and Explanation Debit Credit Dec 31 Clos (2) Close Income Summary Dato Accounts and Explanation Debit Credit Dec 31 Clos (3) Choose from any list or enter any number in the input fields and then continue to the next question Matthews Bowling Alley's adjusted trial balance as of December 31, 2024, is presented below: 12 Click the icon to view the adjusted trial balance.) Read the requirements Close Income Summary Date Accounts and Explanation Debit Credit Doc. 31 Clos (3) Close Withdrawals Date Accounts and Explanation Debit Credit Dec 31 Cios (4) Requirement 2. Prepare a post-closing trial balance Matthew's Bowling Alley Post-Closing Trial Balance Choose from any list or enter any number in the input fields and then continue to the next question Matthew's Bowling Alley's adjusted trial balance as of December 31, 2024, is presented below Click the icon to view the adjusted trial balance.) Read the requirements Requirement 2. Prepare a post-ciosing trial balance. Matthew's Bowling Alley Post-Cloning Trial Balance December 31, 2024 Balance Account Title Debit Credit Choose from any or enterary number in the input fields and then continue to the next question Matthews Bowling Alley's adjusted trial balance as of December 31, 2024, is presented below Click the icon to view the adjusted trial balance.) Read the requirements Total Requirementa. Compute the current ratio for Matthews Bowling Alley Select the labels, enter the amounts, the compute the current ratio (Round your answer to two decimal places) Current ratio Choose from any list or enter any number in the input fields and then continue to the next