Calculator Dana Bowen Company is completing its first year of operations on April 30. Reconstruct the entries for the year ended April 30 from the T accounts below. Record them, assigning labels to each transaction, as follows: Cash Supplies Prepaid Insurance Accounts Receivable 1,250 3851 870 6,500 900 1,940 540 725 400 420 1,940 2,500 50 350 930 Equipment Accounts Payable Wages Payable Accumulated Depreciation 2,500 970 Unearned Revenue Dana Bowen, Capital Dana Bowen, Drawing 930 590 2500 Fees Earned Rent Expense Supplies Expense Wages Expense 4201 225 540 900 1,250 2,500 385 590 Insurance Expense Depreciation Expense Miscellaneous Expense 1a. Journal Entries Owner Investment 0 Equipment contributed 0 TTT STT TILL Rent . 0 Cash revenue 0 0 Revenue on account Supplies Wages Insurance Cash revenue Miscellaneous - Cash revenue 0 Miscellaneous 0 Owner withdraw 0 della Unearned revenue LLLL 0 - 1b. Adjusting Journal Entries Supplies ....... ES Accrued revenue Insurance 0 0 0 0 Depreciation LA Wages Earned revenue 2a. Balance and prepare the Income Statement from the T-Accounts. Dana Bowen Company Income Statement For the Year Ended April 30 Expenses: Total expenses 2b. Balance and prepare the Statement of Owner's Equity from the T-Accounts. Dana Bowen Company Statement of Owner's Equity For the Year Ended April 30 I C 2c. Balance and prepare the Balance Sheet from the T-Accounts. Dana Bowen Company 2c. Balance and prepare the Balance Sheet from the T-Accounts. Dana Bowen Company Balance Sheet April 30 Assets Current assets: . ENE R GIE mm SENE Total current assets Property, plant, and equipment: 3. Prepare the closing entries. If an amount box does not require an entry, leave it blank. 0000000 4. Prepare the Post-Closing Trial Balance. If an amount box does not require an entry, leave it blank. Dana Bowen Company Post-Closing Trial Balance April 30 Account No. Debit Balances Credit Balances DI0000DION