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Homework Chapter $2,$ Part $2$ iPrint

Required:

$1$ to $3.$ First, post the unadjusted balances from the unadjusted trial balance that was given and the adjusting entries that were made in Problem $2-3$ into the appropriate T$-$accounts $($on the T$-$accounts tab$).$ Then prepare an adjusted trial balance.

$4-$a$.$ Prepare an income statement for the year ended December $31,2024.$ Assume that no common stock was issued during the year and that $$4,000$ in cash dividends were paid to shareholders during the year.

$4-$b$.$ Prepare a statement of shareholders' equity for the year ended December $31,2024.$ Assume that no common stock was issued during the year and that $$4,000$ in cash dividends were paid to shareholders during the year.

$4-$ c$.$ Prepare a classified balance sheet as of December $31,2024.$ Assume that no common stock was issued during the year and that $$4,000$ in cash dividends were paid to shareholders during the year.

$5.$ Prepare closing entries and post to the $T-$accounts $($on the $T-$accounts tab$).$

$6.$ Prepare a post$-$closing trial balance.

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