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Problem 6.4A (Algo) Worksheet, journalizing and posting adjusting and closing entries, and the postclosing trial balance. LO 6-1, 6-2 A partially completed worksheet for At
Problem 6.4A (Algo) Worksheet, journalizing and posting adjusting and closing entries, and the postclosing trial balance. LO 6-1, 6-2
A partially completed worksheet for At Home Pet Grooming Service, a firm that grooms pets at the owners home, follows.
Required:
- Complete the worksheet.
- Record the adjusting entries in the general journal (transactions 1-3).
- Record the closing entries in the general journal (transactions 4-7).
- Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances.
- Prepare a postclosing trial balance.
Analyze: What total debits were posted to the general ledger to complete all closing entries for the month of December?
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