P4-3A The adjusted trial balance for Zazu Pits Raisin Company is as follows: ZAZU PITS RAISIN COMPANY Adjusted Trial Balance December 31, 2008 Problems: Set A Prepare financial sm closing entries, an closing trial balanc (SO 1, 4) AP Cash Accounts receivable Prepaid insurance Supplies Land Building Accumulated amortization-building Equipment Accumulated amortization-equipment Accounts payable Salaries payable Interest payable Unearned revenue Mortgage payable ($3,000 is payable in 2009) P. Zazu, capital P. Zazu, drawings Service revenue Salaries expense Amortization expense Utilities expense Interest expense Insurance expense Supplies expense Debit Credit 8,400 7,500 1,800 570 102,500 150,000 $ 24,000 28,000 8,400 12,740 2,850 1,400 2,190 198,000 58,500 7,200 73,500 47,040 5,800 5,280 12,870 1,200 3,420 $381.580 $381.580 nstructions (a) Prepare an income statement, statement of owner's equity, and classified balance sheet. The owner, Patrice Zazu, invested $4,500 cash in the business during 2008. (b) Prepare the closing entries. c) Using T accounts, post the closing entries and calculate the balance in each account. (Ignore the accounts that are not affected by the closing entries.) d) Prepare a post-closing trial balance