I want the answer in part (d), thank you ><

SECTION B ( 80 marks) Answer ALL questions from this section. QUESTION 1 ( 33 marks) Adjusted Trial Balance of Smart Company as at December 31, 2020 is shown below: Required: (a) Prepare the Income Statement of Smart Company for the year ended December 31, 2020. (7 marks) (b) Prepare the Statement of Retained Earnings of Smart Company for the year ended December 31, 2020. ( 4 marks) (c) Prepare the Statement of Financial Position of Smart Company as at December 31, 2020. (11 marks) (d) Prepare the necessary closing entries for Smart Company at December 31, 2020. (Explanation of Joumal Entry is not required.) (11 marks)