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Requirements 1. Prepare the company's income statement for the year ended June 30, 2024. 1. Prepare the company's statement of owner's equity for the year

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Requirements 1. Prepare the company's income statement for the year ended June 30, 2024. 1. Prepare the company's statement of owner's equity for the year ended June 30,2024 . (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 30,2024. 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, 2024. Elias Real Estate Appraisal Adjusted Trial Balance June 30, A24AccountTitle \begin{tabular}{|c|c|c|} \hline Land & 12,200 & \\ \hline Building & 71,000 & \\ \hline Accumulated Depreciation-Building & $ & 26,200 \\ \hline Accounts Payable & & 19,300 \\ \hline Interest Payable & & 8,900 \\ \hline Salaries Payable & & 1.800 \\ \hline Unearned Revenue & & 1,800 \\ \hline Notes Payable (long-term) & & 35,000 \\ \hline Elias, Capital & & 38,500 \\ \hline Elias, Withdrawals & 26,800 & \\ \hline \end{tabular} Print Done The adjusted trial balance of Elias Real Estate Appraisal at June 30,2024 , follows: (Click the icon to view the adjusted trial balance.) Read the Requirement 1. Prepare the company's income statement for the year ended June 30, 2024. (II a box is not used in the staternent, leave the box empty: do not select a tabel or enter a zero. Use a minus sign or parentheses to show a net loss.) \begin{tabular}{|c|c|c|c|} \hline Elias, Capital & & & 38,500 \\ \hline Elias, Withdrawals & & 26,800 & \\ \hline Service Revenue & & & 48,200 \\ \hline Insurance Expense & & 4,500 & \\ \hline Salaries Expense & & 31,800 & \\ \hline Supplies Expense & & 1,000 & \\ \hline Interest Expense & & 8,900 & \\ \hline Utilities Expense & & 2,300 & \\ \hline Depreciation Expense-Building & & 7,100 & \\ \hline Total & $ & 179,700 \$ & 179,700 \\ \hline \end{tabular} The adjusted trial balance of Elias Real Estate Appraisal at June 30, 2024, follows: (Click the icon to view the adjusted trial balance.)

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