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Can someone help me with this its for an Accounting Project involving PS Music. (Optional) UsingthedatafromChapter3,prepareanend-of-periodspreadsheet. Prepareanincomestatement,aretainedearningsstatement,andabalancesheet.Answer CheckFigure: Netincome:$4,955 Journalize and post the closing entries.

  1. Can someone help me with this its for an Accounting Project involving PS Music.
  2. (Optional)UsingthedatafromChapter3,prepareanend-of-periodspreadsheet.
  3. Prepareanincomestatement,aretainedearningsstatement,andabalancesheet.Answer
  4. CheckFigure:
  5. Netincome:$4,955
  6. Journalize and post the closing entries. The retained earnings account is #33 and the income summary account is #34 in the ledger ofPSMusic. Indicate closed accounts by inserting a line in both Balance columns opposite the closing entry.
  7. Prepare a post-closing trial balance.

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