At December 31, 20A, the following adjusting entries were recorded in the accounts of ABC Company:
There were no other accrued receivables or payables on ABC's books in 20A.
The balances in the following accounts immediately after the closing entries were posted would be:

Question

At December 31, 20A, the following adjusting entries were recorded in the accounts of ABC Company:
   There were no other accrued receivables or payables on ABC's books in 20A.
The balances in the following accounts immediately after the closing entries were posted would be:

Quizplus · Accepted Answer

The Answer of At December 31, 20A, the following adjusting entries were recorded in the accounts of ABC Company:
   There were no other accrued receivables or payables on ABC's books in 20A.
The balances in the following accounts immediately after the closing entries were posted would be:

At December 31, 20A, the Following Adjusting Entries Were Recorded