After the Accounts Have Been Adjusted at January 31, the End

question 166

Essay

After the accounts have been adjusted at January 31, the end of the fiscal year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: ​
Journalize the two entries required to close the accounts
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Definitions:

Location

In reference to memory, a storage position or register identified by a unique address.

Memory Map

A diagram showing a system’s memory addresses and what programs and data are assigned to each section of memory.

Word

In computing, a word represents a fixed-sized piece of data handled as a unit by the instruction set or the hardware of the processor.

Register

A small, quickly accessible memory location within a computer or microcontroller used for storing and manipulating data efficiently during program execution.