Question: Need help with this please. Problem 3 25 Marks TMC Company has a fiscal year ending on September 30, 2021. The adjusted trial balance at
Need help with this please.

Problem 3 25 Marks TMC Company has a fiscal year ending on September 30, 2021. The adjusted trial balance at the end of the year is as follows: TMC Company TRIAL BALANCE (Adjusted) as at September 30, 2021 Debit Credit $ 49,000 18,400 6,200 17,500 4,800 70,000 200,000 92,000 64,000 74,000 $ Cash Inventory Supplies Accounts Receivable Prepaid Insurance Land Buildings Equipment Goodwill Patent Accumulated Depreciation - Equipment Accumulated Depreciation - Buildings Accounts Payable Mortgage Payable (due 2026) Interest Payable Salaries and Wages Payable Unearned Rent Revenue Share Capital Retained Earnings, Oct 1, 2020 Dividends Sales Revenue Rent Revenue Cost of Goods Sold Depreciation Expense Insurance Expense Supplies Expense Interest Expense Salaries and Wages Expense 21,000 76,000 32,600 125,000 15,000 6,400 5,200 210,000 69,800 21,600 320,800 14,400 143,200 8,200 18,000 14,400 12,000 82,900 896,200 $ $ 896,200 Required: a) Prepare a Classified Statement of Financial Position. b) Journalize the closing entries c) Prepare a post-closing trial balance in proper form) (15 marks)
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