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Proud Pappa Music Company uses a perpetual inventory system. The adjusted trial balance of Proud Pappa Music Company at June 30, 2016, follows: (Click the

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Proud Pappa Music Company uses a perpetual inventory system. The adjusted trial balance of Proud Pappa Music Company at June 30, 2016, follows: (Click the icon to view the adjustod trial balance.) Requirements 1. Prepare Proud Pappa's multi-step income statement for the year ended June 30, 2016. 2. Joumalize Proud Pappa's closing entries. 3. Prepare a post-closing trial balance as of June 30,2016. Data table at June 30,2016 , follows parentheses to show othe Data table

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