Thomas Topology has completed all its journal entries and adjusting entries for the month of April 2018. The chart of accounts and adjusted trial balance are shown below.

Account Description	Account #
ASSETS
Cash	101
A/R	105
Prepaid Insurance	110
Equipment	120
Accumulated Depreciation-Equipment	125
LIABILITIES
A/P	200
Unearned Revenue	210
Notes Payable	215
OWNERS EQUITY
Thompson,Capital	300
Thompson,Withdrawals	310
Income Summary	315
REVENUE
Service Revenue	400
EXPENSES
Depreciation Expense	510
Insurance Expense	515
Interest Expense	520
Rent Expense	540
Salaries Expense	545
Telephone Expense	550
Travel Expense	555

Adjusted Trial Balance
Account Title	DR	CR
Cash	32,050
A/R	9000
Prepaid Insurance	1100
Equipment	15000
Accumulated Depreciation-Equipment		120
Accounts Payable		25550
Unearned Revenue		3200
Notes Payable		1500
Thompson,Capital		18000
Service Revenue		26300
Depreciation Expense	120
Insurance Expense	100
Interest Expense	50
Rent Expense	1000
Salaries Expense	8000
Telephone Expense	250
Travel Expense	8000
Total	74670	74670

A.Prepare the Income Statement for Thomas Topolgy

B. Prepare the Statement of owners equity

C.Prepare the balance sheet

D.Create the closing entries using the income summary account and post the closing entries to the ledger accounts

E. Prepare the post closing trial balance. Note: The daily transactions and adjustments for the month of April have already been posted in the general ledger. You are only responsible for posting the closing entries.