Question: The December 31, 2011, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of 2011) follows.
![1179_Debit.png](https://secure.tutorsglobe.com/CMSImages/1179_Debit.png)
![141_Credit.png](https://secure.tutorsglobe.com/CMSImages/141_Credit.png)
Required: 1. Record and post the necessary closing entries for Business Solutions.
2. Prepare a post-closing trial alance as of December 31, 2011.