Q13

Matt'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 1. Prepare the closing entries for Matt's Bowling Alley. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Start by closing revenues. Matt's Bowling Alley Adjusted Trial Balance December 31, 2024 Requirements 1. Prepare the closing entries for Matt's Bowling Alley. 2. Prepare a post-closing trial balance. 3. Compute the current ratio for Matt's Bowling Alley