Financial statements and closing entries DNA 4 U Company offers legal consulting advice to prison inmates. DNA 4 U Company prepared the end-of-period spreadsheet shown below at October 31, 2018, the end of the current fiscal year: Unadjusted Trial Balance DNA 4 U Company End-of-period spreadsheet October 31, 20Y8 Adjustments Adjusted Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 5.800 5,800 Accounts Receivable 18,900 (a) 3.300 22,200 Prepaid Insurance 4,200 (b) 2.500 1,700 Supplies 2,730 (c) 1,730 1,000 Land 98,000 98,000 Building 200,000 200,000 Accum. Depr.-Building 100,300 (d) 1,600 101.900 Equipment 101,000 101,000 Accum. Depr.-Equipment 85,100 (e) 3.200 88,300 Accounts Payable 5,700 5,700 Salaries & Wages Payable (f) 1,800 1,800 Unearned Rent 2,100 (g) 1,000 1,100 Nell Shepard, Capital 103,100 103,100 Neil Shepard, Drawing 10.000 10,000 Fees Revenue 303,700 (a) 3,300 307,000 Rent Revenue (g) 1,000 1,000 Salaries & Wages Expense 113,100 (f) 1.800 114,900 Advertising Expense 21,700 21,700. Utilities Expense 11,400 11,400 Repairs Expense 8.850 8,850 Depr. Exp.-Equipment (e) 3,200 3,200 Insurance Expense (b) 2.500 2,500 Supplies Expense (c) 1,730 1,730 Depr. Exp.-Building Misc. Expense (d) 1,600 1,600 4,320 4,320 600,000 600,000 15,130 15,130 609,900 609,900 Instructions 1. Prepare an income statement for the year ended October 31. 2. Prepare a statement of owner's equity for the year ended October 31. No additional investments were made during the year. 3. Prepare a balance sheet as of October 31. 4. 5. Based upon the end-of-period spreadsheet, journalize the closing entries. Prepare a post-closing trial balance.