Malibu Corporation's fiscal year-end is December 31,2024. The following is a partial adjusted trial balance...

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Accounting

Malibu Corporation's fiscal year-end is December 31,2024. The following is a partial adjusted trial balance as of December 31.
Required:
Prepare the necessary closing entries.
Calculate the ending balance of Retained Earnings.
Complete this question by entering your answers in the tabs below.
Required 2
Prepare the necessary closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the
first account field.)
Journal entry worksheet
Record the entry to close the revenue accounts.
Note: Enter debits before credits.
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