An adjusted trial balance of a merchandiser is given below.

-Give journal entry to close the expense accounts and contra revenue accounts with a debit balance.

Name: An adjusted trial balance of a merchandiser is given below. -Give journal entry to close the expense accounts and contra revenue accounts with a debit balance.
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Question

An adjusted trial balance of a merchandiser is given below.
  
-Give journal entry to close the expense accounts and contra revenue accounts with a debit balance.

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The Answer of An adjusted trial balance of a merchandiser is given below.
  
-Give journal entry to close the expense accounts and contra revenue accounts with a debit balance.

An Adjusted Trial Balance of a Merchandiser Is Given Below