E$4\mathrm{.}2($LO $1)$ The adjusted trial balance columns of the worksheet for Tai Interiors are as follows $($amounts in NT$$).$

Complete the worksheet.

$\backslash$table$[[\backslash$table$[[$Tai Interiors$],[$Worksheet $($partial$)],[$For the Month Ended April $30,2020]]],[$Account Titles,Adjusted Trial Balance Income Statement,t Statement of Financial Position$],[$Dr$.,$Cr$.,$Dr$.,$Cr$.,$Dr$.,$Cr$.],[$Cash$,10,000,,,,,],[$Accounts Receivable,$7,840,,,,,],[$Prepaid Rent,$2,280,,,,,],[$Equipment$,23,050,,,,,],[$Accumulated Depreciation$-$Equip.,,$4,900,,,,],[$Notes Payable,,$5,700,,,,],[$Accounts Payable,,$4,920,,,,],[$Share Capital$-$Ordinary,,$25,960,,,,],[$Dividends$,3,650,,,,,],[$Service Revenue,,$17,500,,,,],[$Salaries and Wages Expense,$10,840,,,,,],[$Rent Expense,$760,,,,,],[$Depreciation Expense,$650,,,,,],[$Interest Expense,$57,,,,,],[$Interest Payable,$,57.,,,,],[$Totals$,59,127,59,127,,,,]]$

Instructions

Complete the worksheet.

E$4\mathrm{.}3($LO $1,4)$ Worksheet data for Tai Interiors are presented in E$4\mathrm{.}2.$

Prepare financial statements from worksheet.

Instructions

Prepare an income statement, a retained earnings statement, and a classified statement of financial position.

E$4\mathrm{.}4(L{O}_2)$ Worksheet data for Tai Interiors are presented in E$4\mathrm{.}2.$

Journalize and post closing entries and prepare a post$-$closing trial balance.

a$.$ Journalize the closing entries at April $30.$

b$.$ Post the closing entries to Income Summary and Retained Earnings. Use T$-$accounts.

c$.$ Prepare a post$-$closing trial balance at April $30.$