Beachside Realty rents condominiums and furnishings.It's adjusted trial balance at December 31,2011,is as follows:

Prepare the closing entry required to transfer the income or loss at the end of the period.

Question

Beachside Realty rents condominiums and furnishings.It's adjusted trial balance at December 31,2011,is as follows:
  
Prepare the closing entry required to transfer the income or loss at the end of the period.

Quizplus · Accepted Answer

The Answer of Beachside Realty rents condominiums and furnishings.It's adjusted trial balance at December 31,2011,is as follows:
  
Prepare the closing entry required to transfer the income or loss at the end of the period.

Beachside Realty Rents Condominiums and Furnishings