THE PROBLEM IS POSTED AS A PHOTO

HERE IS WHAG YOU NEED TO COMPLETE

WHEN GIVEN TABLES COMPLETE THEM

A. prepare the necessay closing entries

Transaction	General journal	Debit $$	Credit $$
A.
B.
C.

B. Calculate the ending balance of Retained earnings

C. Prepare a post-closing trial balance

Account	DEBIT	Credit
Cash
Supplies
Prepaid rent
Account payable
Notes payable
Common stock
Retained earnings
Totals

Lancer Incorporated's fiscal year-end is December 31. The following is an adjusted balance as of December 31