The following adjusted trial balance is in scrambled order. All balances are NORMAL balances. Closing Entries- NOTE: CLOSING ENTRIES NOT REQUIRED FOR THIS EXANM Statement of Retained Earnings Multi-step Income Statement Classified Balance Sheet Account Sales Cost of sales Buildings Salary expense Long term debt Common stock Accumulated depreciation Equipment Accounts payable Inventories Retained earnings Goodwill Land Accrued expenses Rent expense Cash and cash equivalents Loss from sale of equipment Depreciation expense Notes Payable Advertising expense Sales returns and allowances Sales Discounts Prepaid expenses Accounts Receivables Interest expense Dividends Balance 505,678 393,048 78,199 73,607 40,216 40,000 38,304 37,805 30,451 29,407 28,377 22,831 22,591 20,537 10,896 7,907 7,139 6,964 6067 4,567 4,298 3,168 3,120 2,144 1,884 Put Multi-step Income Statement Here