Question: Name COMPLETION OF THE ACCOUNTING CYCLE Task #4 Using the adjusted trial balance below: (a) (b) (c) (d) Prepare an income statement, statement of


Name COMPLETION OF THE ACCOUNTING CYCLE Task #4 Using the adjusted trial balance below: (a) (b) (c) (d) Prepare an income statement, statement of owner's equity and classified balance sheet. Prepare the closing entries Post to Capital and the Income Summary accounts Prepare a post-closing trial balance N DEMAND Adjusted Trial Balance For the Month Ended July 31, 2023 Account Titles Dr. Cr. Cash 61,120 Accounts Receivable 2,300 Equipment 14,600 Accum. Depreciation 2,190 Accounts Payable 720 Unearned Rent Revenue 3,800 Capital 44,200 Withdrawals 270 Service Revenue 75,140 Rent Revenue 3,760 Depreciation Expense 410 Salaries Expense 45,100 Utility Expense 6,010 129,810 129,810
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