The completed financial statement columns of the worksheet for Marigold Company are as follows.

Marigold Company Worksheet For the Year Ended December 31, 2019 Income Statement Balance Sheet Account No. Account Titles Dr. Cr. Dr. Cr. 101 Cash 8,800 10,700 112 130 2,800 157 24,000 158 4,700 8,900 201 212 311 2,400 10,200 9,300 320 Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation-Equip. Accounts Payable Salaries and Wages Payable Common Stock Retained Earnings Dividends Service Revenue Maintenance and Repairs Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Utilities Expense Totals 332 11,300 400 60,200 622 711 1,700 2,900 1,900 722 726 30,100 732 60,200 57,600 1,500 38,100 22,100 60,200 Net Income 35,500 22,100 57,600 60,200 57,600 Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Marigold Company Income Statement $ $ Save for Later Attempts: 0 of 1 used Submit Answer Prepare a retained earnings statement. (List items that increase retained earnings first.) Novak Company Retained Earnings Statement Prepare a classified balance sheet. (List Current Assets in order of liquidity.) Novak Company Balance Sheet Assets $ Llabilities and Stockholders' Equity LI Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 (To close revenue account.) Dec. 31 (To close expense accounts.) Dec. 31 (To close net income / (loss).) Dec. 31 (To close dividends.) Post the closing entries and balance the accounts. (Post entries in the order of journal entries presented in the previous part.) Retained Earnings No. 320 7 Dividends No. 332 Income Summary No. 350 7 Service Revenue No. 400 Maintenance and Repairs Expense No. 622 Depreciation Expense No. 711 Insurance Expense No. 722 7 Salaries and Wages Expense No. 726 Utilities Expense No. 732 7 Prepare a post-closing trial balance. Novak Company Post-Closing Trial Balance Debit Credit $ $ Totals