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Sylvia's Music Company uses a perpetual inventory system. The adjusted trial balance of Sylvia's Music Company at June 30, 2016, follows: (Click the icon to

image text in transcribedimage text in transcribed Sylvia's Music Company uses a perpetual inventory system. The adjusted trial balance of Sylvia's Music Company at June 30, 2016, follows: (Click the icon to view the adjusted trial balance.) Requirements 1. Prepare Sylvia's multi-step income statement for the year ended June 30, 2016. 2. Journalize Sylvia's closing entries. 3. Prepare a post-closing trial balance as of June 30,2016 . Requirement 1. Prepare Sylvia's multi-step income statement for the year ended June 30, 2016. (Use a minus sign or parentheses to show other expenses.) Data table

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