Only do question (c). Prepare closing entries. Use J14 for the journal page.

Enter the trial balance on a worksheet and complete the worksheet. Prepare an income statement and a retained earnings statement for the mon th March and a classified balance sheet at March 31. (c) Journalize the adjusting entries from the adjustments columns of the worksheet (d) Journalize th pa-2A The adjusted trial balance columns of the worksheet for Alshwer Company are ALSHWER COMPANY Worksheet For the Year Ended December 31, 2017 Adjusted Trial Balance Account Account Titles 101 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation- Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Common Stock Retained Earnings Dividends Service Revenue Advertising Expense Supplies Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Interest Expense 5,300 10,800 1,500 126 130 157 158 200 201 212 27,000 5,600 15,000 6,100 2,400 600 10,000 3,000 332 7,000 400 631 722 905 61,000 8,400 4,000 5,600 3,500 28,000 600 Totals 103,700 103,700 Instructions (a) Complete the worksheet by extending the balances to the financial statement colum (b) Prepare an income statement, a retained earnings statement, and a classified balar sheet. (Note: $5,000 of the notes payable become due in 2018.) (c) Prepare the closing entries. Use J14 for the journal page (d) Post the closing entries. (Use the three-column form of account.) Income Summary No. 350. (e) Prepare a post-closing trial balance P4-3A The completed financial statement columns of the worksheet for Fleming Comp are shown on the next page