PLEASE PLEASE HELP

Problem 4-5A Preparing trial balances, closing entries, and financial statements LO C3, P2, P3 The adjusted trial balance of Karise Repairs on December 31, 2017, follows Credit Debit $115, eee 1,400 2,400 59,000 KARISE REPAIRS Adjusted Trial Balance December 31, 2017 NO Account Title 101 Cash 124 Office supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 201 Accounts payable 21e Wages payable 301 c. Karise, Capital 302 C. Karise, withdrawals 481 Repair fees earned 612 Depreciation expense-Equipment 623 Wages expense 637 Insurance expense 640 Rent expense 650 Office supplies expense 690 Utilities expense Totals $ 5,900 12,000 900 39,000 28,500 210,600 5.900 43,000 1,300 15,000 3,200 3,700 $268,460 $268,400 Assume there are no owner investments in 2017 Required: 1a. Prepare an income statement for the year 2017 16. Prepare a statement of owner's equity for the year 2017 1c. Prepare a classified balance sheet at December 31, 2017 2. Complete the work sheet using the adjusted trial balance in the first two coluins of a six-column table. Use columns three and four for closing entry information and the last two columns for a post-closing trial balance 3. Using Information from the work sheet in Requirement 2 prepare the appropriate closing entries 1a. Prepare an income statement for the year 2017 1b. Prepare a statement of owner's equity for the year 2017 1c. Prepare a classified balance sheet at December 31, 2017 2. Complete the work sheet using the adjusted trial balance in the first two columns of a six-column table. Use columns three a for closing entry information and the last two columns for a post-closing trial balance 3. Using Information from the work sheet in Requirement 2 prepare the appropriate closing entries. Complete this question by entering your answers in the tabs below. Required 3 Required 1A Required 16 Required 1C Required 2 Prepare an income statement for the year 2017. KARISE REPAIRS Income Statement For Year Ended December 31, 2017 Revenues Expenses Total expenses Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 10 Required 2 Required 3 Prepare a statement of owner's equity for the year 2017 KARISE REPAIRS Statement of Owner's Equity For Year Ended December 31, 2017 Karise, Capital, Jan 1, 2017 C. Karise, Capital, Dec 31, 2017 Prepare a classified balance sheet at December 31, 2017. KARISE REPAIRS Balance Sheet December 31, 2017 Required 1A Required 1B Required 10 Required 2 Required 3 Using information from the work sheet in Requirement 2. prepare the appropriate closing entries. View transaction list Journal entry worksheet Record the entry to close revenue account(s). Note: Enter debits before credits Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal