The completed financial statement columns of the work sheet for Batavia Company are shown below. section*{Instructions} (a)
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The completed financial statement columns of the work sheet for Batavia Company are shown below.
\section*{Instructions}
(a) Prepare an income statement, retained earnings statement, and a classified balance sheet.
(b) Prepare the closing entries.
(c) Post the closing entries and rule and balance the accounts. Use T-accounts. Income Summary is No. 350 .
(d) Prepare a post-closing trial balance.
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Related Book For 
Financial Accounting
ISBN: 9780471169208
2nd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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