Crimson Tide Music Academy offers lessons in playing a wide range of musical instruments. The...
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Crimson Tide Music Academy offers lessons in playing a wide range of musical instruments. The unadjusted trial balance as of December 31, 2024, appears below. December 31 is the company's fiscal year-end. In addition, the company had the following year-end adjusting entries. Journal entry worksheet Record the entry to close the revenue accounts. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits. 5. Record closing entries. 7. Prepare a post-closing trial balance
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Crimson Tide Music Academy offers lessons in playing a wide range of musical instruments. The unadjusted trial balance as of December 31, 2024, appears below. December 31 is the company's fiscal year-end. In addition, the company had the following year-end adjusting entries. Journal entry worksheet Record the entry to close the revenue accounts. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits. 5. Record closing entries. 7. Prepare a post-closing trial balance 