Selected account balances are presented in the following adjusted balance of ABC, Ine December 31, 2018. ccount balances are presented in the following adjusted balance of ABC, Ine December 31, 2018 Debit Credit $9,000 40,000 8,000 9,000 182,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Unearned revenue Taxes payable Common stock Retained Earnings Dividends Service Revenue Sales Revenue Utilities Expense Wages Expense Depreciation Expense Supplies Expense Insurance Expense Miscellaneous Expense $9,700 7,000 3,250 1.000 69,000 27,000 8,000 80,000 120,000 4,000 47,250 1,500 3,300 4,500 1,400 Required: 1. Prepare the closing journal entries on December 31, 2018 for the company. 2. Post those entries to T accounts in the ledger. 3. Prepare in good form the three (3) main financial statements for the company. Selected account balances are presented in the following adjusted balance of ABC, Ine December 31, 2018. ccount balances are presented in the following adjusted balance of ABC, Ine December 31, 2018 Debit Credit $9,000 40,000 8,000 9,000 182,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Unearned revenue Taxes payable Common stock Retained Earnings Dividends Service Revenue Sales Revenue Utilities Expense Wages Expense Depreciation Expense Supplies Expense Insurance Expense Miscellaneous Expense $9,700 7,000 3,250 1.000 69,000 27,000 8,000 80,000 120,000 4,000 47,250 1,500 3,300 4,500 1,400 Required: 1. Prepare the closing journal entries on December 31, 2018 for the company. 2. Post those entries to T accounts in the ledger. 3. Prepare in good form the three (3) main financial statements for the company