At the end of December, the general ledger for Job Connect showed the following account balances:

Using the preceding account names and balances:

1. Prepare the six-column work sheet. The period covered is one month.

2. Prepare the financial statements.

3. Record the closing entries on page 28 of the general journal.

4. Post the closing entries.

5. Prepare a post-closing trial balance.

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General Ledger 101 Cash in Bank 105 Accts. Rec.- 6,000 207 Accts. Pay.-Wildwood Furniture Sales 2,000 CompuRite Systems 1,000 301 Richard Tang, Capital 23,600 302 Richard Tang, 110 Accts. Rec.- Marquez Manufact. 500 Withdrawals 3,000 113 Accts. Rec.-Roaring 303 Income Summary Rivers Water Park 600 401 Placement Fees Revenue 6,900 115 Accts. Rec.-M. Spencer 200 405 Technology Classes 130 Office Equipment 7,000 Revenue 2,400 135 Office Furniture 5,000 3,000 800 501 Advertising Expense 505 Maintenance Expense 510 Miscellaneous Expense 2,800 520 Rent Expense 140 Computer Equipment 8,500 201 Accts. Pay.-Micro Solutions Inc. 205 Accts. Pay-Vega 800 2,000 900 530 Utilities Expense Internet Services 1,600