Requirement 1. Prepare the closing entries for MannyManny's Bowling Alley. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Start by closing revenues. Date Accounts and Explanation Debit Credit Dec. 31 Clos. (1) Part 2 Close expenses for the period. Date Accounts and Explanation Debit Credit Dec. 31 Clos. (2) Part 3 Close Income Summary. Date Accounts and Explanation Debit Credit Dec. 31 Clos. (3) Part 4 Close Dividends. Date Accounts and Explanation Debit Credit Dec. 31 Clos. (4) Part 5 Requirement 2. Prepare a post-closing trial balance. Manny's Bowling Alley Post-Closing Trial Balance December 31, 2024 Balance Account Title Debit Credit Total Part 6 Requirement 3. Compute the current ratio for MannyManny's Bowling Alley. Select the labels, enter the amounts, then compute the current ratio. (Round your answer to two decimal places.) = Current ratio =