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$4$

The December $31,2021,$ adjusted trial balance of Business Solutions $($reflecting its transactions from October through December of $2021)$ follows.

$10$

points

Prepare an income statement for the three months ended December $31,2021.$

Prepare a statement of owner's equity for the three months ended December $31,2021.$ Hint: The S$.$ Rey, Capital account balance was $$0$ on October $1,$ and owner investments were $$71,000$ this period.

Prepare a classified balance sheet as of December $31,2021.$

Record the closing entries as of December $31,2021.$

Prepare a post$-$closing trial balance as of December $31,2021.$

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Saved

$4$

Complete this question by entering your answers in the tabs below.

$10$

Required $2$

Required $3$

Required $4$

points

Prepare an income statement for the three months ended December $31,2021.$