Question: Completing the accounting cycle from adjusting entries to post - closing trial balance and using the current ratio to evaluate a company The unadjusted trial

Completing the accounting cycle from adjusting entries to post-closing trial balance and using the current ratio to evaluate a company
The unadjusted trial balance of Wilmas Game Shop at December 31,2025, and the data for the adjustments follow: (the picture attached)
Adjustment data:
Unearned Revenue still unearned at December 31, $1,200.
Prepaid Rent still in force at December 31, $2,500.
Supplies used, $1,000.
Depreciation, $300.
Accrued Salaries Expense at December 31, $200.
Requirements
Net Income $18,900
1. Open the T-accounts using the balances in the unadjusted trial balance.
2. Prepare the adjusting entries and post to the accounts.
3. Prepare an adjusted trial balance.
4. Prepare the income statement, the statement of retained earnings, and the classified balance sheet in report form.
5. Prepare the closing entries and post to the accounts.
6. Prepare a post-closing trial balance.
7. Calculate the current ratio for the company.
Completing the accounting cycle from adjusting

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