The following adjusted trial balance contains the accounts, Accounting Basics

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The following adjusted trial balance contains the accounts

Question: The following adjusted trial balance contains the accounts and balances of Showers Company as of December 31, 2011, the end of its fiscal year.

(1) Prepare the December 31, 2011, closing entries for Showers Company.

(2) Prepare the December 31, 2011, post-closing trial balance for Showers Company.

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Accounting Basics: The following adjusted trial balance contains the accounts

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Accounting Basics: The following adjusted trial balance contains the accounts

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