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apter 5 ning Objectives 4,5 P5-33A Preparing a multi-step income statement, journalizing closine preparing a post-closing trial balance The adjusted trial balance of Big Rita's

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apter 5 ning Objectives 4,5 P5-33A Preparing a multi-step income statement, journalizing closine preparing a post-closing trial balance The adjusted trial balance of Big Rita's Music Company at June 30, 2016 2016. follow PS perating Income $59,050 BIG RITA'S MUSIC COMPANY Adi usted Trial Balance June 30, 2016 Balance Credit Debit $ 3,700 38,500 17.100 39,800 $ Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Furniture Accumulated Depreciation-Furniture Accounts Payable Salaries Payable Unearned Revenue Notes Payable, long-term Rita, Capital Rita, Withdrawals Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold Seling Expense Administrative Expense Interest Expense Total 8,800 13.100 800 7.400 15,000 39.300 42,500 187,000 4.500 3,500 84,150 18,800 17,000 1,000 $ 271,400 $ 271,400 Requirements 1. Prepare Big Rita's multi-step income statement for the year ended June 30,- 2. Journalize Big Rita's closing entries. 3. Prepare a post-closing trial balance as of June 30, 2016

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