The unadjusted trial balance of PS Music as of July 31, 2016, along with the adjustment data for the two months ended July 31, 2016, are shown in Based upon the adjustment data, the following adjusted trial balance was prepared: Using the data from Chapter 3, prepare an end-of-period spreadsheet. Prepare an income statement, a statement of owner's equity, and a balance sheet. Answer Check Figure: Net income: $4,955 Journalize and post the closing entries. The income summary account is #33 in the of PS Music. Indicate closed accounts by inserting a line in both Balance columns opposite the closing entry. Prepare a post-closing trial balance. The unadjusted trial balance of PS Music as of July 31, 2016, along with the adjustment data for the two months ended July 31, 2016, are shown in Based upon the adjustment data, the following adjusted trial balance was prepared: Using the data from Chapter 3, prepare an end-of-period spreadsheet. Prepare an income statement, a statement of owner's equity, and a balance sheet. Answer Check Figure: Net income: $4,955 Journalize and post the closing entries. The income summary account is #33 in the of PS Music. Indicate closed accounts by inserting a line in both Balance columns opposite the closing entry. Prepare a post-closing trial balance