On December 31, 20--, after adjustments, Tuscany Company's general ledger contains the account balances as shown on the partially completed work sheet below. Journalize the (four) closing entries necessary at the end of December.

Question

On December 31, 20--, after adjustments, Tuscany Company's general ledger contains the account balances as shown on the partially completed work sheet below. Journalize the (four) closing entries necessary at the end of December.
​  ​
​

Quizplus · Accepted Answer

The Answer of On December 31, 20--, after adjustments, Tuscany Company's general ledger contains the account balances as shown on the partially completed work sheet below. Journalize the (four) closing entries necessary at the end of December.
​  ​
​

On December 31, 20--, After Adjustments, Tuscany Company's General Ledger