Read the e to to the counts ntFor income Summary sing the second line and then Use Clos and the corresponding number shown in the jour s pouting references Cost Close The balance of each count r y and then calculate the possing balance of each continuing those that were not doned For any account with a b e ersing on the mom calculate and the balance (Bal) before posting the entry to dose out the court Post the entry to close Income Summary account on the same line as you were the balance Show the post-dosing balance (Bal) on the last thine of the count Revet dosing ournal entries you prepared above Service Revenue 180 100 Bal4600 sunce Expens Accounts Receivable 5300 31500 Bal Clos 500 Bar adherents Office Supplies June 30, 2018 Salaries Payable 2.400 Bar 2.400 Ba Clos (2) a l Account Title Balance Debat Credit Prepaid Insurance 1.700 Supplies Expense 1,700 7.600 Bal 7.500 Bal Clos (2) B Accounts Receivable O Supplies Prepaid Land Building Accumulated Depreciation --Bulding Accounts Payable Interest Payable Salaries Payable 5300 1 500 1,700 13 000 02.000 Bal Notes Payable 0 000 Bal 13 000 13.000 Interest Expense - Clos (2) 40,000 Bal 25 200 13.700 3.500 Choose from any list or enter any number in the input fields and then click here L and Read the requirements Building 82.000 Erickson, Capital 25 200 18,700 Bal 42 500 B TH 2.400 7,500 40.000 2500 Erickson, Withdrawals Accumulated Depr. -Building 25,200 Bal 25,200 Bal Accumulated Depreciation Building Accounts Payable Interest Payable Salaries Payable Uhamed Raven Notes Payable long term Erickson, Capital Erickson Withdrawal Service Revenue Insurance Expense Sales Expense Supplies Expense Interest Expense Ultes Expense Depreciation Expense Building Bal 8200 Clos (2) Clos (4) 27.300 Bal 48.100 4400 33.500 8.500 7700 Choose from any for enter any number in the input fields and then click Check Answer The acted a balance of cson Real Estate Appraisal tune 30, 2018 fotos lok the icon to view the adjusted trial balance) Read the require 2.400 on Expense Building Accumulated Depr Building 25 200 Bat 25200 Bar Uneamed Revenge Pog El Capital End With Service Revenue ce Series Expanse Supplies Expense Depreciation Expense-Building 11000 190.000 1. Prepare the company's income statement for the year ended June 30, 2018. 2. Prepare the company's statement of owner's equity for the year ended June 30, 2018. Assume that there were no contributions made by the owner during the year. 3. Prepare the company's classified balance sheet in report form at June 30, 2018 4. Journalize the closing entries. 5. T-accounts have been opened using the balances from the adjusted trial balance. Post the closing entries to the T-accounts. 6. Prepare the company's post-closing trial balance at June 30, 2018
