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Reference The unadjusted trial balance of Whitticker Anvils at December 31,2024 , and the data for the adjustments follow: E:B (Click the icon to view

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Reference The unadjusted trial balance of Whitticker Anvils at December 31,2024 , and the data for the adjustments follow: E:B (Click the icon to view the unadjusted trial balance.) Review the Income Statement columns of the worksheet completed in Requirement 3. Close expenses for the period. Review the Income Statement columns of the worksheet completed in Requirement 3. Requirements 1. Prepare the adjusting entries and post to the accounts. T-accounts have been opened using the balances from the unadjusted trial balance. 2. Prepare an adjusted trial balance. 3. Complete the worksheet for the year ended December 31, 2024. 4. Prepare the income statement, the statement of retained earnings, and the classified balance sheet in report form. 5. Prepare the closing entries, and post to the accounts. 6. Prepare a post-closing trial balance. 7. Calculate the current ratio for the company

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