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f) Prepare (1) an Income Statement, (2) a Statement of Owners Equity, and (3) a Balance Sheet. g) Prepare the closing journal entries. h) Post
f) Prepare (1) an Income Statement, (2) a Statement of Owners Equity, and (3) a Balance Sheet. g) Prepare the closing journal entries. h) Post the closing entries to T accounts. i) Prepare a post-closing trial balance Adjusted Trial Balance Dr Cr 15,760 4,240 800 26,750 Accounts Cash Accounts Receivable Supplies Equipment Accounts payable Salary Payable Unearned Revenue Capital Purchases Revenue Salary Depreciation Consume Rent Income Tax Pre-paid Rent 1,200 1,600 2,100 41,100 2,000 11,800 4,600 250 800 1000 600 1,000 57,800 57,800
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