Record and post the necessary closing entries for business

Reference no: EM131532887

Question: The December 31, 2011, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of 2011) follows.

Required: 1. Record and post the necessary closing entries for Business Solutions.

2. Prepare a post-closing trial alance as of December 31, 2011.

Reference no: EM131532887

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