Accounting 1: RC Sneaker Assignment

Please help me with

1. the financial statements (multi-step income statement, the statement of retained earnings and the classified balance sheet)

2. Prepare closing entries and post to the relevant general ledger accounts.

3. Complete the post-closing trial balance as at September 30, 2023. Check figure: $23,951

Adjusting Entries 9/30/2022 Rent expense 135 Prepaid rent 135 Insurance expense 10 Prepaid insurance 10 Interest expense 80 Interest payable 80 (Record interest on loan) Internet expense 90 Internet payable 90 (Received internet bill) Telephone expense 36 Telephone payable 36 (Record electricity) Depreciation expense 15 Accumulated depreciation 15 (Record depreciation on Ipad) Salaries \& Wages expense 140 Salaries \& Wages payable 140