Problem

The December 31, 2010, adjusted trial balance of Success Systems (reflecting its transac...

The December 31, 2010, adjusted trial balance of Success Systems (reflecting its transactions from

October through December of 2010) follows.

Required

1. Record and post the necessary closing entries for Success Systems.

2. Prepare a post-closing trial balance as of December 31, 2010.

Step-by-Step Solution

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Solutions For Problems in Chapter 6