Question: please be detailed. it's all one question. will upvote Exercise 212 (Static) Financial statements and closing entries [LO2-7, 2-8] The December 31, 2024, adjusted trial

please be detailed. it's all one question. will upvote Exercise 212

(Static) Financial statements and closing entries [LO2-7, 2-8] The December 31, 2024,

adjusted trial balance for the Blueboy Cheese Corporation is presented belc Required:

1-a. Prepare an income statement for the year ended December 31, 2024.

1-b. Prepare a classified balance sheet as of December 31, 2024. 2.

please be detailed. it's all one question. will upvote

Exercise 212 (Static) Financial statements and closing entries [LO2-7, 2-8] The December 31, 2024, adjusted trial balance for the Blueboy Cheese Corporation is presented belc Required: 1-a. Prepare an income statement for the year ended December 31, 2024. 1-b. Prepare a classified balance sheet as of December 31, 2024. 2. Prepare the necessary closing entries on December 31,2024. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Prepare an income statement for the year ended December 31,2024. Prepare a classified balance sheet as of December 31,2024. Note: Amounts to he deducted should he indicated hy a minue cian Prepare the necessary closing entries on December 31,2024 . Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account Journal entry worksheet Record the entry to close the revenue accounts. Note: Enter debits before credits. 1-a. Hrepare an income statement tor the year ended vecember 31,U4. 1-b. Prepare a classified balance sheet as of December 31, 2024. 2. Prepare the necessary closing entries on December 31,2024. Complete this question by entering your answers in the tabs below. Prepare the necessary closing entries on December 31,2024 . Note: If no entry is required for a transaction/event, select "No journal entry required" in the first accoun Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits

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