). Hepare an adjusted trial balance. 8. Prepare an income statement, a retained earnings statement, and a balance s 9. Prepare and post the closing entries. Income Summary is account 34 in th of accounts.) Record the closing entries on Page 4 of the journal. Indicate accounts by inserting a line in both the Balance columns opposite the closing 10. Prepare a post-closing trial balance. Series B PR 4-18 Financial statements and closing entries Last Chance Company offers legal consulting advice to prison inmates. Last Chance Ga OBL 12 pany prepared the end-of-period spreadsheet that follows at June 30, 2016, the et the fiscal year. Instructions 1. Prepare an income statement for the year ended June 30. 2. Prepare a retained earnings statement for the year ended June 30 3. Prepare a balance sheet as of June 30. 4. On the basis of the end-of-period spreadsheet, journalize the closing entries 5. Prepare a post-closing trial balance