Instructions Using the information in the adjusted trial balance, do the following (a) Prepare an income statement and a retained earnings statement for the 2 months ended December 31, 2017, and a classified statement of financial position at December 31, 2017. The note payable has a stated interest rate of 6%, and the principal and interest are due on November 16, 2019. (b) Mei-ling has decided that her year end will be December 31, 2017. Prepare closing entries as of December 31, 2017 (c) Prepare a post-closing trial balance. MC4 Mei-ling had a very busy December. At the end of the month, after journalizing and posting the December transactions and adjusting entries, Mei-ling prepared the following adjusted trial balance. Credit 875 NTS 40 75 300 MATCHA CREATIONS Adjusted Trial Balance December 31, 2017 Debit Cash NT$1,180 Accounts Receivable Supplies 350 Prepaid Insurance 1.210 Equipment 1.200 Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Unearned Service Revenue Notes Payable Interest Payable Share Capital-Ordinary Dividends 500 Service Revenue Salaries and Wages Expense 1,006 Utilities Expense 125 Advertising Expense 165 Supplies Expense 1,025 Depreciation Expense Insurance Expense Interest Expense NTS7,801 2,000 800 4,515 110 NT$7,801