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Okabe Company ended its fiscal year on July 31, 2017. The company's adjusted trial balance as of the end of its fiscal year is shown

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Okabe Company ended its fiscal year on July 31, 2017. The company's adjusted trial balance as of the end of its fiscal year is shown below. No. Credit 101 112 157 158 201 208 301 306 400 429 711 726 732 OKABE COMPANY Adjusted Trial Balance July 31, 2017 Account Titles Debit Cash $ 9,840 Accounts Receivable 8,780 Equipment 15,900 Accumulated Depreciation Equip. Accounts Payable Unearned Rent Revenue Owner's Capital Owner's Drawings 16,000 Service Revenue Rent Revenue Depreciation Expense 8,000 Salaries and Wages Expense 55,700 Utilities Expense 14,900 $129,120 $ 7,400 4,220 1,800 45,200 64,000 6,500 $129,120 (a) Prepare the closing entries. (b) Prepare a post-closing trial balance at July 31. (c) Prepare an income statement and an owner's equity statement for the year. Okabe did not make any capital investments during the year. (d) Prepare a classified balance sheet at July 31

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