QQuestionAccounting
QuestionAccounting
record the entry to close the revenue accounts, the expense accounts, and and dividends account. then prepare a post closing trial balance
# Problem 3 - 6B (Algo) Record closing entries and prepare a post-closing trial balance (LO^3 - 6, 3 - 7)
The year-end financial statements of Gold Hunter Financial Services are provided below:
| 2010 INWTO | | | | |
| --- | --- | --- | --- | --- |
| Income (income) | | | | |
| 500,000 | | | | |
| Expenses: | | | | |
| Salaries | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
| 0,000 | | | | |
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Answer
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Step 1I apologize, but the image you've uploaded appears to be incomplete or corrupted.
The financial statement details are not clearly visible. To solve the closing entries and post-closing trial balance problem, I would need the complete financial statement with:
Step 2
Specific revenue account balances
Final Answer
- List all permanent accounts (Assets, Liabilities, Equity) - Ensure total debits equal total credits Would you like to provide the complete financial statement so I can help you with the specific problem?
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