Using the adjusted trial balance provided prepare the three closing entries for December 31. Explanations are not required.
Definitions:
Group Identification
The psychological process by which individuals align themselves with particular social groups, adopting the group's norms, values, and behavior.
Self-Esteem
The individual's subjective evaluation of their own worth, encompassing beliefs about oneself as well as emotional states such as triumph, despair, pride, and shame.
Oppressed Groups
Communities or social groups that face systemic inequalities, discrimination, and injustices due to societal power imbalances.
Structures of Oppression
Systematic societal patterns that disadvantage certain groups while privileging others, including but not limited to racism, sexism, and classism.
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