Can someone please check if my answer are correct? Where there is an asterisk the answer is wrong. Also i need help with income statement, closing entries, and post closing balance sheet. Thanks.

Read all Instructions before starting your work. This assessment is worth 150 points Use the worksheet file as provided for Darby Kite Store as of December 31, 20x1. Perform the Adjustments at the end of the year: A and b): Merchandise Inventory as of December 31, 20x1 $23,600.00 C) Unused supplies on hand $ 1,050.00 D) Insurance expired $ 250.00 E) Depreciation expense for the year: $ 400.00 F) Wages earned but not paid $ 360.00 G) Unearned revenues on December 31: $ 500.00 REQUIRED: (NOTE that this is slightly changed from the text book; added "prepare the Income Statement" on sheet 1 in the file) 1) Prepare the worksheet as provided in the separate file. 2) Prepare the adjusting entries in the separate file 3) Prepare the Income Statement after making the adjustments. (SEE SHEET 1 on the file as provided) 4) Prepare the closing entries (these are NOT posted to the worksheet). 5) Prepare a post- closing trial balance and Post-closing Balance Sheet. 6) Prepare the reversing entries as required Darby Kte Stone Work Sheet For Year Ended December, i Trial Balance Adusted Trial Balance Income Statement Debit Account Title Balance Shee Credit 11,700 11,200 23,600 1,050 Accounts Recelvable Merchandise Inventory Supples Prepaid Insurance Equipment Accum. Depr.-Equipment Aocounts Payable Wages Payable Sales Tax Payable Uneamed Revenue M. D. Akins, Capital M D. Akins, Drawing Income Summary 11,200 23,800 25,000 1050 1.200 1 200 7.100 7,100 3,000 50,000 250 5,000 10,500 10.500 55.490 57,990 Sales Retums & Allowances 1,450 34,500 34,500 25,000 Purchases Retums & Allow Purchases Discounts 1,100 380L 11,240 Wages Expense Advertising Expense Supplies Expense Phone Expense Expense 2,300 2.300 Insurance Expense Depreciation Exp-Equipment Misce laneous Expense interest Expense 250 18.370118.370 3,730 50,720I84,00059,410 Net Inconme 59.720 Work Sheet and Journals Post-Closing Trial Balance Income Statement Debit Credit Date 20-1 Dec. 31 Description Closing Entries Sales Purchases Returns & Allowances Purchases Discounts 57,990 1,100 630 Income Summary 59,720 31 Income Summary 55,130 Sales Returns&Allowances Purchases Freight-In Wages Expense Advertising Expense Supplies Expense Telephone Expense Utilities Expense Insurance Expense Depreciation Expense- Equipment Miscellaneous Expense Interest Expense 1,450 35,900 360 11,240 740 150 1.100 2,300 250 400 320 920 31 Income Summary. 4.590 M. D. Akins, Capital 4,590 M. D. Akins, Capital 0,500 31 M. D. Akins, Drawing 10,500 20-2 Jan. 1 Reversing Entry d Statement naner for renuirement 4 (the nnet.cinsing trial halancel is nroviladt in a sonarate sheat in this workhnnk Income Statement + GENERAL JOURNAL Date 20-1 Dec. 31 Description Adjusting Entries Debit Credit (a) Income Summary 25,000 Merchandise Inventory 25,000 Merchandise Inventory 23,600 Income Summary 23,600 150 Supplies 150 Insurance Expense 250 Prepaid Insurance Accum. Depr. -Equipment Wages Payable 250 Depr. Expense Equipment 400 400 Wages Expense 360 360 Unearned Revenue 2,500 Sales 2,500 and 5 REQUIRED: Prepare a detailed Income Statement in the space below for Darby Kite Store NOTE: preparation of the Income Statement is in addition to the requirements listed in the textbook