E4-8 & E4-9

Plevin Company ended its fiscal year on July 31, 2015. The company's adjusted trial balance as of the end of its fiscal year is shown below. (a) Prepare the closing entries using page J15. (b) Post to the Retained Earnings and No. 350 Income Summary accounts. (Use the three-column form.) (c) Prepare a post - closing trial balance at July 31. The adjusted trial balance for Plevin Company is presented in E4-8. (a) Prepare an income statement and a retained earnings statement or t c year. (b) Prepare a classified balance sheet at July 31