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P4-3A The completed financial statement columns of the worksheet for Fleming Company are as follows. eting the Accounting Cycle FLEMING COMPANY Workse mber 31, 2Bnce

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P4-3A The completed financial statement columns of the worksheet for Fleming Company are as follows. eting the Accounting Cycle FLEMING COMPANY Workse mber 31, 2Bnce Sheet Income Statement Balance Shet Cr. For the Year Ended December 31, 2019 Cr. Account 8,900 10,800 2,800 24,000 Account Titles No. 101 112 Accounts Receivable 130 157 Equipment 158 201 Accounts Payable 212 Salaries and Wages Payable 311 320 Retained Earnings 332 Dividends 400 Service 622 Maintenance and Repairs Expense H 1,600 Cash Prepaid Insurance Accumulated Depreciation-Equip 4,500 9,000 2,400 12,000 7,500 Common Stock 11,000 Revenune Repairs Espense 3,100 60,000 Depreciation Expense Insurance Expense Salaries and Wages Expense Utilities Expense 722 726 1,800 30,000 1.400 732 Totals Net Income 37,900 60,000 57,500 35,400 22,100 60,000 60,000 57,500 57,500 22,100 Instructions arnings (a) Prepare an income statement, a retained earnings statement, and a classified balance sheet. s $22.500 (c) Post the closing entries and underline and balance the accounts. (Use Taccounts.) (b) Prepare the closing entries. Income Summary is account No. 350 (d) Prepare a post-closing trial balance. alance

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