PR 4-1A Bea Financial statements and closing entries Obj. 1, 2, 3 lighthouses. Beacons Company prepared the following end-o 20Y5, the end of the fiscal year: cons Company maintains and repairs warning lights, such as those found on radio towers and of-period spreadsheet at December 31, Beacons Company End-of-Period Spreadsheet For the Year Ended December 31,20Y5 Unadjusted Trial Balance Adjustments Dr Trial Balance 6 Account Title 8 Cash 0,800 38,900 9 Accounts Receivable 10 Prepaid Insurance 11 Supplies 12 Land 13 Building 14 Accum. Depr.-Building 15 Equipment 16 Accum. Depr.-Equipment 17 Accounts Payable 18 Salaries &Wages Payable 19 Unearned Rent 20 Common Stock 21 Retained Earnings 22 Dividends 23 Fees Earned 24 Rent Revenue 25 Salaries & Wages Expense 26 Advertising Expense 27 Ullities Expense 28 Depr. Exp.-Building 29 Repairs Expense 30 Depr. Exp.-Equipment 31 Insurance Expense 32 Supplies Expense 33 Misc. Expense 3,150 1,050 400,000 205,300 01,000 101,000 2,100 1,100 128,100 363,700 128,100 10,000 10,000 372,800 158,100 21,700 16,400 12,000 12,000 3,150 (Continued) Chapter 4 The Accounting Cycle Instructions 1. Prepare an income statement for the year ended December 31, 2 2. Prepare a statement of stockholders' equity for the year 0Y5. ended December 31, 20YS. During the year, common stock of $25,000 was issued. 3. Prepare a balance sheet as of December 31, 20Y5. 4. Based upon the end-of-period spreadsheet, journalize the closing entries. 5. Prepare a post-closing trial balance