Presented below are the year-end balances at December 31 of Laura's Laundry Service. (All accounts have normal balances.) (a) Prepare the necessary closing entries at December 31.
(b) Prepare a post-closing trial balance at December 31.

Name: Presented below are the year-end balances at December 31 of Laura's Laundry Service. (All accounts have normal balances.) (a) Prepare the necessary closing entries at December 31. (b) Prepare a post-closing trial balance at December 31.
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Question

Presented below are the year-end balances at December 31 of Laura's Laundry Service. (All accounts have normal balances.)  (a) Prepare the necessary closing entries at December 31.
(b) Prepare a post-closing trial balance at December 31.

Presented Below Are the Year-End Balances at December 31 of Laura's