The following adjusted trial balance is the result of the adjustments made at the end of the month of July for Ladonna Douglas Company.Utilize these adjusted values to perform the closing entries for Ladonna Douglas Company. 
Definitions:
Picketing
The act of protesting, typically by labor or trade union members, outside a place of employment or business to express grievances or demands.
Collective Bargaining
The negotiation process between employers and a group of employees aimed at reaching agreements on wages, working conditions, benefits, and other aspects of workers' compensation and rights.
Formalize Agreement
The action of making an agreement official or legally binding through the proper channels and documentation.
Union Proposals
Suggestions or demands put forward by a labor union during negotiations with employers about terms of employment, wages, and workplace conditions.
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