Question: 1. Operating Income $61,300 Preparing a multi-step income statement, journalizing closing entries and preparing a post-closing trial balance The adjusted trial balance of Big Papi

1. Operating Income $61,300 Preparing a multi-step income statement, journalizing closing

1. Operating Income $61,300 Preparing a multi-step income statement, journalizing closing entries and preparing a post-closing trial balance The adjusted trial balance of Big Papi Music Company at June 30, 2015, follows: BIG PAPI MUSIC COMPANY Adjusted Trial Balance June 30, 2015 Requirements 1. Prepare Big Papi's multi-step income statement for the year ended June 30, 2015. 2. Journalize Big Papi's closing entries. 3. Prepare a post-closing trial balance as of June 30, 2015. 1. Operating Income $61,300 Preparing a multi-step income statement, journalizing closing entries and preparing a post-closing trial balance The adjusted trial balance of Big Papi Music Company at June 30, 2015, follows: BIG PAPI MUSIC COMPANY Adjusted Trial Balance June 30, 2015 Requirements 1. Prepare Big Papi's multi-step income statement for the year ended June 30, 2015. 2. Journalize Big Papi's closing entries. 3. Prepare a post-closing trial balance as of June 30, 2015

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