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The adjusted trial balance for Edna's Sewing Shop (ESS) Lid. is below, Prepare in good form and in the correct order, a classified Statement

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The adjusted trial balance for Edna's Sewing Shop (ESS) Lid. is below, Prepare in good form and in the correct order, a classified Statement of Financial Position, Statement of Retained Earnings and Statement of Income. (90 marks) 2) Prepare the required closing entries. No explanations needed. Show all necessary calculations. (26 marks) 3) Prepare a post closing trial balance. (36 marks) Edna's Sewing Shop (ESS) LID. Adjusted Trial Balance For the year ended September 30, 2022 Account name Accounts receivable Accumulated depreciation sewing equipment Accumulated depreciation - computer equipment Accounts payable Advertising expense Dr. Sr. 4,150 2.250 1,750 2.500 1,350 Bank loan-current Bank loan-long term Cash 1,000 6,000 13,150 Common shares 14,250 Computer equipment 4,500 Depreciation expense-equipment 4,400 Dividends 1,000 Prepaid Insurance expense 1,900 Inventory 7.500 Interest expense 2.100 Insurance expense 2.300 Income tax expense 3,200 Retained earnings. September 30, 2021 5,000 Sewing equipment 8.000 Sewing revenue 18.800 Uneamed revenue 2.000 Total $53.550 $53.550

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