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The adjusted trial balance columns of the worksheet for Thao Company, owned by D. Thao, are as follows. THAO COMPANY Worksheet For the Year Ended
The adjusted trial balance columns of the worksheet for Thao Company, owned by D. Thao, are as follows. THAO COMPANY Worksheet For the Year Ended December 31, 2017 (a)Complete the worksheet by extending the balances to the financial statement columns. Net income SI0,900 (b)Prepare an income statement, owner's equity statement, and a classified balance sheet. Current assets SI9,600 Current liabilities $14,100 (c)Prepare the closing entries. Use J14 for the journal page. (d)Post the closing entries. Use the three-column form of account. Income Summary is No. 350. (c) Prepare a post-closing trial balance
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