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Problem 6.2A (Algo) Journalizing and posting adjusting and closing entries and preparing a postclosing trial balance. LO 6-1, 6-2 A completed worksheet for The King
Problem 6.2A (Algo) Journalizing and posting adjusting and closing entries and preparing a postclosing trial balance. LO 6-1, 6-2 A completed worksheet for The King Group is given below. Required: 1. Record the adjusting entries in the general journal (transactions 1-3). 2. Record the closing entries in the general journal (transactions 4-7). 3. Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances. 4. Prepare a postclosing trial balance. How many accounts are listed in the adjusted and postclosing trial balance section? Complete this question by entering your answers in the tabs below. Record the adjusting entries and the closing entries in the general journal. How many accounts are listed in the adjusted and postclosing trial balance section? Complete this question by entering your answers in the tabs below. Record the adjusting entries and the closing entries in the general journal. Journal entry worksheet 4567 Record the adjusting entry for supplies. Note: Enter debits before credits. How many accounts are listed in the adjusted and postclosing trial balance section? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Prepare a postclosing trial balance. Required: 1. Record the adjusting entries in the general journal (transactions 1-3). 2. Record the closing entries in the general journal (transactions 4-7). 3. Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances. 4. Prepare a postclosing trial balance. How many accounts are listed in the adjusted and postclosing trial balance section? Complete this question by entering your answers in the tabs below. How many accounts are listed in the adjusted and postclosing trial balance
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