Prepare a multiple-step income statement for the year.

Prepare an retained earnings statement for the year. (List items that increase retained earnings first.)

Prepare a classified balance sheet as of November 30, 2015. Notes payable of $19,370 are due in January 2016. (List current assets in order of liquidity.)

Journalize the adjusting entries.

Journalize the closing entries.

Prepare a post-closing trial balance.