Prepare Income Statement, Owner's Equity & Balance Sheet (Pls use Classified Format for the Balance Sheet)

Accountinglab This problem continues the Draper Consulting situation from Problem 3.49 of Chapter 3. P4-37 Start from the posted T-accounts and the adjusted trial balance that Draper Consulting prepared for the company at December 31 DRAPER CONSULTING Adjusted Trial Balance December 31, 2012 Balance Debir Credit Account Title Cash Accounts receivable Supplies Equipment Accumulated depreciation-equipment Furniture Accumulated depreciation-furniture Accounts payable Salary payabie Unearned service revenue Draper, capital Draper, drawing Service revenue Rent expense Utilities expense Salary espense Depreciation expensc-equipment Depreciation expense-furniture Supplies expense Total Prepar S16,350 1,750 200 1,800 $ 30 4,200 70 4,650 685 700 18,000 1,400 3,850 550 250 685 30 70 700 $27.985 $27,985 Requirements br 2 Jourmatize and post the ctosing entries ar December 3.Denote eaeh-elosing amount as C/oandan accounttatamce astat 3. Prepare acelassifi MyAccountinglab apters 1, 2, and . Requirements 1. Preparean aecounting worksheet 2.) Prepare an income statement, statement of owner's equity, and balance shee using the lutthement 3 Prepa 4. Prepare-a post ormat