post as you solve

www m/Alexstowwelow for YMCA Compay. Complete works YMCA Wank Shoe Salement Balance Sheer and Statement of Owner's Cr. Balance Cr. C. De A ae Peynine Orfoep 14,000 2.000 1,000 6.000 2,500 p olice A pahle Republe Chemed fees 3,000 1,000 500 3,000 Capa Fee med 7.500 Issurance expense Restapense Depreciation expenses stree 1.500 2,000 Totals Nd income Totals 17,500 17,500 R15 Futs) Required: Use the information in question 3-A, to prepare closing entries for YMCA Company Date General Journal Debit Continue on the net Credit C: 3 points) Classified balance sheets commonly include the following categories. A. Current assets B. Investments C. Plant assets D. Intangible assets E. Current liabilities F. Long-term liabilities G. Equity Required: Indicate the typical classification of each item listed below by placing the letter of the correct balance sheet category A through G in the blank space next to the item Example: A Cash - Buildings used in business operations Long-term notes payable Prepaid insurance Tom Smith, Capital Wages payable Copyright queste Fers Ceres Computer Deel Sold mene 5 Way p enting the olens An of Sint During the wered by control SRO her LCD cash from hailding the Decembra , cr e ad der S acher company w price and also le pod Stember 30 of celera and cre tie care le the general jumal. Assume that a ting period (Explanations are not required) Grevral Journal Dr. C. F