You now have the data from the adjusted trial you prepared for Module 3 (see Your Data below). For Module 4, you will refer to the adjusted trial balance and complete the closing process. You will complete three accounting tasks:

Record Closing Journal Entries

Post to T-Accounts

Prepare Post-Closing Trial Bal.

For each task, review its specific instructions and complete the tables provided.

Thank you!

Your Information The adjusted trail balance of your lemonade shop is provided below for reference as you complete the closing process. Record Closing Journal Entries 0.0/3.0 points (graded) Record closing entries for your lemonade shop on May 31. Commas will automatically populate for numerical answers. Do not include dollar signs or decimals in your amounts. Note: There are no dividends, therefore, there is no fourth closing entry. Close expenses to the Income Summary account. List expenses in the same order as seen on the Adjusted Trial Balance. You have used 0 of 3 attempts Post to T-Accounts 0.0/4.0 points (graded) Ily populate for numerical Prepare Post-Closing Trial Bal. 0.0/3.0 points (graded) Prepare your lemonade stand's Unadjusted Trial Balance. Commas will automatically populate for numerical answers. Do not include dollar signs or decimals in your amounts