The december 31 2011 adjusted trial balance of business, Accounting Basics

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The december 31 2011 adjusted trial balance of business

Question: The December 31, 2011, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of 2011) follows.

Required: 1. Record and post the necessary closing entries for Business Solutions.

2. Prepare a post-closing trial alance as of December 31, 2011.

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Accounting Basics: The december 31 2011 adjusted trial balance of business

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Accounting Basics: The december 31 2011 adjusted trial balance of business

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