DNA 4 U Company offers legal consulting advice to prison inmates. DNA 4 U Company prepared the end-of-period spreadsheet at the top of the following page at April 30, 2012, the end of the current fiscal year.

Instructions1. Prepare an income statement for the year ended April 30.2. Prepare a retained earnings statement for the year ended April 30.3. Prepare a balance sheet as of April 30.4. On the basis of the end-of-period spreadsheet, journalize the closing entries.5. Prepare a post-closing trial balance.

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D|E DNA 4 U Company End-of-Period Spreadsheet For the Year Ended April 30, 2012 A B F G Adjusted Trial Balance 4 Unadjusted Trial Balance Adjustments Cr. 5 6 Account Title 7 Cash 8 Accounts Receivable 9 Prepaid Insurance 10 Supplies 11 Land 12 Building 13 Accum. Depr.-Building 14 Equipment 15 Accum. Depr.-Equipment 16 Accounts Payable 17 Sal. & Wages Payable 18 Unearned Rent 19 Capital Stock 20 Retained Earnings 21 Dividends 22 Fees Revenue 23 Rent Revenue 24 Salaries & Wages Expense 25 Advertising Expense 26 Utilities Expense 27 Travel Expense 28 Depr. Exp.-Equipment 29 Depr. Exp.-Building 30 Supplies Expense 31 Insurance Expense 32 Misc. Expense Dr. Cr. Dr. Dr. Cr. 5,100 12,750 3,600 2,025 80,000 200,000 5,100 14,000 (a) 1,250 (b) 1,200 (c) 1,400 2,400 625 80,000 200,000 90,000 (d) 2,500 92,500 140,000 140,000 54,450 (e) 5,000 59,450 9,750 1,900 1,500 100,000 211,300 9,750 () 1,900 4,500 (g) 3,000 100,000 211,300 20,000 20,000 (a) 1,250 (g) 3,000 281,250 3,000 280,000 () 1,900 145,100 86,800 30,000 18,750 147,000 86,800 30,000 18,750 5,000 2,500 1,400 1,200 5,875 16,250 760,650 760,650 (e) 5,000 (d) 2,500 (c) 1,400 (b) 1,200 5,875 750,000 750,000 33 16,250 -23 456O