Worksheet data for Savaglia Company are present as follows
Savaglia Company
Worksheet (partial)
For the Month Ended April 30, 2020
Worksheet (partial)
For the Month Ended April 30, 2020
Instruction
- journalize the closing entries at Atril 30.
- Post the closing entries to become Summary and Owner's Capital. Use T-accounts.
- Prepare a post-closing trial balance at April 30.
Solution
Savaglia Company
Closing Journal Entries
Closing Journal Entries
Savaglia Company
T-accounts
T-accounts
Savaglia Company
Post-Closing Trial Balance
April 30, 2020
Post-Closing Trial Balance
April 30, 2020
