P4-3A. The completed financial statement columns of the worksheet for Bray Company are shown as follows.

BRAY COMPANY Worksheet For the Year Ended December 31, 2017 Income Statement Account Titles Dr. Cr. Account No. 101 112 130 157 158 201 212 301 306 400 622 711 722 726 732 Cash Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation-Equip. Accounts Payable Salaries and Wages Payable Owner's Capital Owner's Drawings Service Revenue Maintenance and Repairs Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Utilities Expense Totals Net Income Balance Sheet Dr. Cr. 8,800 10,800 2,800 24,000 4,200 9,000 2,400 19,500 11,000 60,000 1,700 2,800 1,800 30,000 1,400 37,700 22,300 60,000 60,000 57,400 35,100 22,300 57,400 60,000 57,400 Instructions (a) Prepare an income statement, an owner's equity statement, and a classified balance sheet. (b) Prepare the closing entries. L. Bray did not make any additional investments during the year. (c) Post the closing entries and underline and balance the accounts. (Use T-accounts.) Income Summary is account No. 350. (d) Prepare a post-closing trial balance