Robert Evans owns a business, Beachside Realty, that rents condominiums and furnishings. Below is the adjusted trial balance at December 31. Prepare the entry required to close the revenue and expense accounts at the end of the period.

Question

Robert Evans owns a business, Beachside Realty, that rents condominiums and furnishings. Below is the adjusted trial balance at December 31.​  Prepare the entry required to close the revenue and expense accounts at the end of the period.

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The Answer of Robert Evans owns a business, Beachside Realty, that rents condominiums and furnishings. Below is the adjusted trial balance at December 31.​  Prepare the entry required to close the revenue and expense accounts at the end of the period.

Robert Evans Owns a Business, Beachside Realty, That Rents Condominiums