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Requirements 1. Prepare the company's income statement for the year ended June 30, 2018. 2. Prepare the company's statement of retained earnings for the

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Requirements 1. Prepare the company's income statement for the year ended June 30, 2018. 2. Prepare the company's statement of retained earnings for the year ended June 30, 2018. 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 augusted trial balance. Post the closing entries to the T-accounts. 6. Prepare the company's post-closing trial balance at June 30, 2018. Account Title Erickson Real Estate Appraisal Adjusted Trial Balance June 30, 2018 Cash Accounts Receivable Office Supplies Prepaid Insurance Land Building 59 $ Balance Debit Credit 4,600 5,300 1,500 1,700 13,000 82,000 Accumulated Depreciation- Building Accounts Payable Interest Payable S 25,200 18,700 8,500 Salaries Payable 2,400 Unearned Revenue 7,600 Notes Payable (long-term) 40,000 Common Stock 3,000 Retained Earnings 39,500 Dividends 27,300 Service Revenue 48,100 Insurance Expense 4,400 Common Stock 3,000 Retained Earnings 39,500 Dividends 27,300 Service Revenue 48,100 ot Insurance Expense 4,400 Salaries Expense 33,500 Supplies Expense 300 Interest Expense 8,500 Utilities Expense 2,700 8,200 Depreciation Expense-Building $ 193,000 $ 193,000 Total

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