Please explain the purpose of adjusting entries and closing entries. In a 1-2-page paper, not including the title and reference pages, detail what each accomplishes, and give examples of each.Please j

  1. Please explain the purpose of adjusting entries and closing entries. In a 1-2-page paper, not including the title and reference pages, detail what each accomplishes, and give examples of each.

  2. Please journalize the closing entries from the attached 10-column worksheet. Use the attached template to complete your General Journal.

http://resources.careered.com/LCMSFileSharePreview/Resources/MSWordDocument/ACC310_U5_Closing_Entries_Worksheet.docx

http://resources.careered.com/LCMSFileSharePreview/Resources/MSExcelWorkbook/ACC310_U5_General_Journal_Template.docx.xlsx