The December 31,2024, adjusted trial balance for Badger Corporation is presented below. ...
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The December adjusted trial balance for Badger Corporation is presented below. Accounts Debit Credit Cash $ Accounts Receivable Prepaid Rent Supplies Land Accounts Payable $ Salaries Payable Interest Payable Notes Payable due in two years Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Utilities Expense Interest Expense Totals $ $ Required: Record the necessary closing entries at December Prepare a postclosing trial balance.
The December adjusted trial balance for Badger Corporation is presented below.
Accounts Debit Credit
Cash $
Accounts Receivable
Prepaid Rent
Supplies
Land
Accounts Payable $
Salaries Payable
Interest Payable
Notes Payable due in two years
Common Stock
Retained Earnings
Service Revenue
Salaries Expense
Rent Expense
Utilities Expense
Interest Expense
Totals $ $
Required:
Record the necessary closing entries at December
Prepare a postclosing trial balance.
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