financial accounting Ch4 Que2 MY Autobody's adjusted trial balance on.pdf

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The document provides an adjusted trial balance for MY Autobody as of December 31, 2023 and requires preparing two accounting entries: 1) a closing entry to transfer revenue to the income summary, and 2) a post-closing trial balance as of December 31, 2023 to show the results of the closing entry.

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financial accounting Ch4 Que2
MY Autobody's adjusted trial balance on December 31, 2023, appears in the work sheet as
follows: Required 1. Prepare closing entries. Journal entry worksheet Record closing of revenue
to the income summary. Note: Enter debits before credits. 2. Prepare the post-closing trial
balance at December 31, 2023.

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