PREPARE Income Statement, Statement of Changes in Stockholder's Equity, Balance Sheet, Statement of Cash Flows, And Closing Entries for the following:

PART 1 REFERENCES:

PART 2 (what needs answered)

Prepare Income Statement:

Prepare Statement of Changes in Stockholdhers' Equity:

Prepare Balance Sheet:

Prepare Statement of Cash Flows:

Prepare Closing Entries:

Dreamland Security Services, Inc. continued After completing the transaction journal entries and the trial balance, you need to prepare the finanical statements, make the closing entries, and prepare a post-close trial balance. Use the Trial Balance included in this file to prepare the financial statements, make closing entries, and prepare the post-close trial balance. The T-Account for cash has also been included to assist in your completion of the Statement of Cash Flows. Reference each entry from Part 1 to determine if it is Operating, Investing or Financing Points Possible 60 15 Required Part 2 - a. Prepare a multi-step income statement, statement of changes in stockholders' equity, a classified balance sheet, and statement of cash flows using the direct method. Close the temporary accounts to retained earnings and prepare a post-closing trial balance. Part 2-b