The following adjusted trial balance is the result of the adjustments made at the end of the month of July for Ladonna Douglas Corporation. Utilize these adjusted values to perform the closing entries for Ladonna Douglas Corporation. 
Definitions:
Opportunity Cost
The relinquishment of possible rewards from other opportunities when one is selected.
Opportunity Cost
Refers to the benefits one foregoes by choosing one option over another, highlighting the trade-offs inherent in decision-making processes.
Bushel
A unit of volume that is used in the United States for measures of agricultural produce, such as grains, fruits, and vegetables.
Exchange Rate
The price of one country's currency in terms of another currency, determining how much foreign currency can be bought with a unit of the domestic currency or vice versa.
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