From the following partial work sheet for Walter Searing, journalize the closing entries necessary for month-end and prepare a post-closing trial balancE.
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Q45: Which step is taken at the end
Q53: The total revenue of the month of
Q59: To prove the equality of the debit
Q61: The account to which revenue and expenses
Q66: From the partial work sheet, prepare an
Q74: The journal entry to close the drawing
Q75: The body of the income statement consists
Q79: What is the purpose of the post-closing
Q81: Match the terms with the definitions.
-The period
Q93: Match the terms with the definitions.
-Prepared after
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