provide the answer in same format , or unanswered quesrions will get a thumbs down...
70.2K
Verified Solution
Question
Accounting
provide the answer in same format , or unanswered quesrions will get a thumbs down so olease full answer
Turk inc. has the following alphaboticed list of adjusted account baiances at December 31,2020 : The compeny uses an Inconie summary account in the closinig procoss. Requiredi 1. Assuming nommal baignces, prepare the closing entrios at Decentuer 31,2020 the companys year end. Journal entry worksheet 1. Assuming normal balances, prepare the closing entries at December 31, 2020, the company's year-end. Journal entry worksheet Record to close the revenue account to the income summary: Wotni [hterbesite before Geditil. 2. Caiculate the post-closing balance in Retained Earnings at December 31, 2020, (Amounts to be deducted should be indicated by a minus slgn.)



Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.