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The following unadjusted trial balance is for Ace Construction Company at its June 3 0 current fiscal year - end. The credit balance of the

The following unadjusted trial balance is for Ace Construction Company at its June 30 current fiscal year-end. The credit balance of the V. Ace, Capital account was $58,200 on June 30 of the prior year, and the owner invested $24,000 cash during the current fiscal year. Required:
1. Prepare a 10-column work sheet for the current fiscal year, starting with the unadjusted trial balance and including adjustments using the above additional information.
2a. Prepare the adjusting entries (all dated June 30).
2b. Prepare the closing entries (all dated June 30).
3a. Prepare the income statement for the year ended June 30.
3b. Prepare the statement of owner's equity for the year ended June 30.
3c. Prepare the classified balance sheet at June 30.
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