What was the balance of the account Advances to suppliers on December 31, 2012? Record all transactions that occurred during 2013. Use the accounting equation format to record the transactions dividing the spreadsheet into sections for the asset side, the liability & equity side with a section for the income statement side. Where feasible, account headings have been provided in the grid on pages 7 9. Add additional column headings if needed. Prepare the closing entry for the year 2013. Prepare an Income Statement for the year ended December 31, 2013. Prepare a Balance Sheet for December 31, 2013. Prepare a Statement of Cash Flows for the year ended December 31, 2013