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6 The December 31, 2021, adjusted trial balance for the Blueboy Cheese Corporation is presented below Account Title Debits Credits Cash 65, 800 Ints Accounts

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6 The December 31, 2021, adjusted trial balance for the Blueboy Cheese Corporation is presented below Account Title Debits Credits Cash 65, 800 Ints Accounts receivable 255, 000 Prepaid rent 5,500 Inventory 36,000 Office equipment 460,000 eBook Accumulated depreciation 194, 000 Accounts payable 42, 000 Hint Notes payable (due in six months) 18, 000 Salaries payable 6, 100 Print Interest payable 600 Common stock 400, 000 References Retained earnings 75, 000 Sales revenue 610, 000 Cost of goods sold 366,000 Salaries expense 91, 500 Rent expense 16, 500 Depreciation expense ee0 97 Interest expense 1, 200 Advertising expense 2, 200 Totals 1, 345, 700 1, 345, 700 Required: 1-a. Prepare an income statement for the year ended December 31, 2021. 1-b. Prepare a classified balance sheet as of December 31, 2021. 2. Prepare the necessary closing entries at December 31, 2021

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