Data Table Rockin Rick Music Company Adjusted Trial Balance June 30, 2018 Balance Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Furniture Accumulated Depreciation-Furniture Accounts Payable Salaries Payable Unearned Revenue Notes Payable, long-term Common Stock Retained Earnings Dividends Sales Revenue Debit Credit 4,400 38,200 17,100 850 39,500 9,000 13,500 1,200 7,400 15,500 17,000 17,500 42,600 181,000 Sales Revenue Cost of Goods Sold Selling Expense Administrative Expense Interest Expense Total 181,000 81,450 18,700 17,500 1,800 $262,100 $262,100 Rockin Rick Music Company uses a perpetual inventory system. The adjusted trial balance of Rockin Rick Music Company at June 30, 2018, follows (Click the icon to view the adjusted trial balance.) Read the requirements Requirement 1. Prepare Rockin Rick's multi-step income statement for the year ended June 30, 2018. (Use a minus sign or parentheses to show other expenses.) Rockin Rick Music Company Income Statement Year Ended June 30, 2018 Net Income (Loss) Requirement 2. Journalize Rockin Rick's closing entries. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Start by closing revenues. Do not close the expenses; this will be done in the next step Date Accounts and Explanation Debit Credit Jun. 30 Clos. (1) Close expenses for the period Date Accounts and Explanation Debit Credit Jun. 30 Clos. (2) Close Income Summary. Date Accounts and Explanation Debit Credit Jun. 30 Clos. (3) Close Dividends. Date Accounts and Explanation Debit Credit Jun. 30 Clos. (4) Requirement 3. Prepare a post-closing trilal balance as of June 30, 2018 Rockin Rick Music Company Post-Closing Trial Balance June 30, 2018 Balance Credit Debit Account Title Tntal