Answer the Question Below as TYPED or in Excel please Not as pictures Hand Writing

Question One: The adjusted trial balance for ABC Company is as follows: || Credits Debits $ 9,840 8,780 15.900 No. 101 112 157 167 201 208 301 306 404 429 711 720 732 ABC COMPANY Adjusted Trial Balance July 31, 2012 Account Titles Cash Accounts Receivable Equipment Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Owner's Capital Owner's Drawings Service Revenue Rent Revenue Depreciation Expense Salaries and Wages Expense Utilities Expense $ 7,400 4,220 1,800 45.200 16,000 64,000 6,500 8,000 55,700 14,900 $129,120 $129,120 Required: 1. Prepare the closing entries. (2 marks) 2. Post to Owner's Capital and Income Summary accounts. (2 marks) 3. Prepare a post-closing trial balance at July 31. (2marks) 4. Prepare an income statement and an owner's equity statement for the year. (2 marks) 5. Prepare a classified balance sheet at July 31. (2 marks)