Paradise Travel's adjusted trial balance as of the end of its annual accounting period is shown below:

(a) Prepare the necessary closing entries.
(b) Prepare a post-closing trial balance.

Question

Paradise Travel's adjusted trial balance as of the end of its annual accounting period is shown below:

(a) Prepare the necessary closing entries.
(b) Prepare a post-closing trial balance.

Quizplus · Accepted Answer

The Answer of Paradise Travel's adjusted trial balance as of the end of its annual accounting period is shown below:

(a) Prepare the necessary closing entries.
(b) Prepare a post-closing trial balance.

Paradise Travel's Adjusted Trial Balance as of the End of Its