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Quality Business Systems uses a perpetual imventory system. The adjusted trial balance of Quality Business Systems at March 31,2024 , follows. 1t: (Click the loon
Quality Business Systems uses a perpetual imventory system. The adjusted trial balance of Quality Business Systems at March 31,2024 , follows. 1t: (Click the loon to view the acjusted trial balance.) Read the resuirements Requifement 1. Journalize the required closing entries at March 31, 2024. (Pecoed debits frist, then credits. Select the explanation on the last line of the joumal entry table ) Stant by closing revenues, Do not ciose expenses or contra-fevenue accounts; wo will do this in the next thep. Data table Quality Business Systems uses a perpetual imventory system. The adjusted trial balance of Quality Business Systems at March 31,2024 , follows. 1t: (Click the loon to view the acjusted trial balance.) Read the resuirements Requifement 1. Journalize the required closing entries at March 31, 2024. (Pecoed debits frist, then credits. Select the explanation on the last line of the joumal entry table ) Stant by closing revenues, Do not ciose expenses or contra-fevenue accounts; wo will do this in the next thep. Data table
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