Air Cargo Company recorded the following adjusting entries at the end of the accounting year, December 31, 2014:
Before these adjusting entries were recorded, a partial unadjusted trial balance reflected the following:
Required:
Prepare the closing entries for Air Cargo Company at December 31, 2014.

Question

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The Answer of Air Cargo Company recorded the following adjusting entries at the end of the accounting year, December 31, 2014:
Before these adjusting entries were recorded, a partial unadjusted trial balance reflected the following:
Required:
Prepare the closing entries for Air Cargo Company at December 31, 2014.

Air Cargo Company Recorded the Following Adjusting Entries at the End