EXERCISES 1. Jacquard Industries' below adjusted trial balance for the year ending December 31, 2018 appears JACQUARD INDUSTRIES Adjusted Trial Balance December 31, 2018 Debit Credit Cash Accounts receivable $3,700 9,100 400 600 34,550 Prepaid rent Supplies Equipment Accumulated depreciation-Equipment.. Accounts payable. Unearned revenue Interest payable Bank loan payable (due July 1, 2020 $4,600 3,400 2,250 435 21,750 10,000 12,500 Retained earnings Dividends declared 1,000 Service revenue.... 60,000 Supplies expense Depreciation expense Rent expense Interest expense. ....28,850 16,650 2,400 17,250 435 $114.935 $114.935 Instructions Using the information from the adjusted trial balance, prepare the following: (15) (a) an income statement (b) a statement of changes in equity: (c) a classified statement of financial position; (d) prepare the closing journal entries (e) prepare a post-closing trial balance