Can someone help me answer requirement 2 using the right terminolgy for accounts as shown below. Also, please make sure to show the debit and credits

350 Total Operating Expenses 36 100 Operating Income 77.000 Other Income and (Expenses) Sales Discounts Forfaited Interest Expense (1 700) Total Other Income and (Expenses) (1.350) Net Income (1.055) 76,560 Requirement 2. Journalicze Telly's closing entries (Record debits first then credits Select the explanation on the last tre of the journal entry table Start by closing revenues and other credit accounts for the period Do not close the expenses, this will be done in the next step Date Accounts and Explanation Credit Debit Jun 30 Clos (1) Help me solve this Etext pages Get more help Question 3, PF5-39A (similar to) HW Score Yoints - X Data table Telly's Music Company Adjusted Trial Balance June 30, 2024 Balance Credit Debit 4,300 39,500 18,100 250 300 Account Title Cash Accounts Receivable Merchandise Inventory Estimated Returns Inventory Office Supplies Furniture Accumulated Depreciation-- Furniture Accounts Payable Refunds Payable Salaries Payable Uneamed Revenue 40.200 nd 8,600 13,200 550 1.250 6,600 Print Done OMEM Question 3, PF5-39A (similar to) HW > - Data table 40 200 $ 8,600 13 200 550 Furniture Accumulated Depreciation Furniture Accounts Payable Refunds Payable Salaries Payable Unearned Revenue Notes Payable, long-term Telly, Capital Telly, Withdrawals Sales Revenue 1,250 6600 350 700 16 000 22.900 43,000 190.000 350 Sales Discounts Forfeited here Cost of Goods Sold 76.000 close 18.600 Selling Expense Administrative Expense Interest Expense 17.500 1,700 Total 259,450 $ 259,450 Print Done MUS w Requirements 1. Prepare Telly's multi-step income statement for the year ended June 30, 2024 2. Journalize Telly's closing entries 3. Prepare a post-closing trial balance as of June 30 2024 bits first the Print Done riod. Do not an Accounting 1 Online (Spring 2022) Homew Accounts Payable Telly's Music Coi (Click the icc Accounts Receivable ance of Telly Read the require Accumulated Depreciation-Furniture Administrative Expenses Adminisi Cash Total Op 36.100 Operating Incon Cost of Goods Sold 77.900 Other Income a Estimated Returns Inventory Sales Di Furniture Interest Total O Income Summary Net Income (Los Interest Expense Requirement 2 Merchandise Inventory Start by closing Date Notes Payable, long-term (1.350 $ 76,550 ts Select the exp he expenses, this Jun 30 Debit Clos (1) Help me solve this Etext pages Get more help Rou Accounting 1 Online (Spring 2022) = Homew Income Summary Interest Expense Telly's Music Coi (Click the ice Merchandise Inventory ance of Telly's M Read the require Notes Payable, long-term 36,100 Office Supplies Administ Refunds Payable Total Op Salaries Payable Operating Incon Other Income a Sales Discounts Forfeited Sales Di Sales Revenue Interest Total Ott Selling Expenses 77.900 (1,350) Net Income (Los Telly, Capital S 76,550 Requirement 2 Telly, Withdrawals Start by closing ts. Select the explana Date Uneamed Revenue the expenses, this will Jun 30 Debit Cr Clos (1 Help me solve this Etext pages Get more help