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post_closing_trial_balance_and_reversing_entries, Study Guides, Projects, Research of Accounting

Santa Barbara City College Accounting

post_closing_trial_balance_and_reversing_entries

Typology: Study Guides, Projects, Research

2017/2018

Uploaded on 01/07/2023

mo-salah 🇺🇸

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Slide

3-82

8. Post-Closing Trial Balance

LO 7 Prepare closing entries.

Illustration 3-38

post_closing_trial_balance_and_reversing_entries, Study Guides, Projects, Research of Accounting

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8. Post-Closing Trial Balance

LO 7 Prepare closing entries.

9. Reversing Entries

LO 7 Prepare closing entries.

After preparing the financial statements and

closing the books, a company may reverse

some of the adjusting entries before

recording the regular transactions of the next

period.