The adjusted trial balance of Star Theater Company at April 30, 2025, follows: 

Requirements 

1. Prepare Star Theater Company’s multi-step income statement for the year ended April 30, 2025. 

2. Journalize Star Theater Company’s closing entries. 

3. Prepare a post-closing trial balance as of April 30, 2025.

Transcribed Image Text:

STAR THEATER COMPANY Adjusted Trial Balance April 30, 2025 Account Title Cash Accounts Receivable Merchandise Inventory Supplies Furniture Accumulated Depreciation Furniture Accounts Payable Salaries Payable Unearned Revenue Notes Payable, long-term Common Stock Retained Earnings Dividends Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold Selling Expenses Administrative Expenses Interest Expense Total Balance Debit $ 3,700 38,100 17,600 700 39,800 42,500 6,000 2,500 72,000 18,900 18,000 1,300 $ 261,100 Credit $ 8,200 13,600 500 7,100 17,000 16,000 18,700 180,000 $ 261,100