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Please show detailed answers. b. Prepare the post-closing trial balance as of December 31, 2015 c. Prepare the classified balance sheet at December 31, 2015.

image text in transcribedPlease show detailed answers.

b. Prepare the post-closing trial balance as of December 31, 2015

c.

Prepare the classified balance sheet at December 31, 2015.

The alphabetical listing below includes all of the adjusted account balances of T.O.'s Dance Studio as of December 31, 2015. All account balances are normal Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Common Stock Cash Depreciation Expense Dividends Equipment Income Tax Expense Income Taxes Payable Rent Expense Retained Earnings Salaries and Wages Expense Service Revenue Unearned Revenue S 3,300 4,400 2,300 1,300 1,400 10,900 1,000 1,000 1,200 4,800 9,400 19,700 2,200 Required a. Prepare the closing entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 Record the entry to close the income summary account. Note: Enter debits before credits. Transaction General Journal Debit Credit

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