(Solution) - Worksheet data for Albanese Company are presented in E -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Pages: 5 Words: 1375

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Worksheet data for Albanese Company are presented in E.

Instructions
(a) Journalize the closing entries at April 30.
(b) Post the closing entries to Income Summary and Retained Earnings. Use T-accounts.
(c) Prepare a post-closing trial balance at April30.