please complete T ACCOUNT everything else is done

Data Table Erickson Real Estate Appraisal Adjusted Trial Balance June 30, 2024 Balance Account Title Debit Credit Cash 4.600 Accounts Receivable 5,300 Office Supplies 1,500 Prepaid Insurance 1.700 Land 13.000 Building 82,000 Accumulated Depreciation- Building 25,200 Accounts Payable 18.700 Interest Payable 8.500 Salaries Payable 2,400 Unearned Revenue 7,600 Notes Payable (long-term) 40.000 Common Stock 3,000 Retained Earnings 39,500 Dividends 27 300 Service Revenue 48,100 Insurance Expense 4,400 Salaries Expense 33,500 Supplies Expense 300 Interest Expense 8.500 Utilities Expense 2.700 8,200 Depreciation Expense--Building 193,000 $ 193,000 Total ding Bal Print Done The adjusted trial balance of Erickson Real Estate Appraisal at June 30, 2024, follows: Click the icon to view the adjusted trial balance.) Read the requirements 48.100 Requirement 1. Prepare the company's income statement for the year ended June 30, 2024. (If a box is not used in the statement, leave the box empty, do not select a label or enter a zero. Use a minus sign or parentheses to show a net loss.) Erickson Real Estate Appraisal Income Statement Year Ended June 30, 2024 Revenues Service Revenue Expenses Salaries Expense Insurance Expense 4,400 Interest Expense 8,500 Supplies Expense 300 Utilities Expense 2.700 Depreciation Expense-Building 5 33.500 8.200 Total Expenses 57,600 Net Income (L050) (9,500) Requirement 2. Prepare the company's statement of retained earnings for the year ended June 30, 2024. (Use a minus sign or parentheses to show a net foss) Erickson Real Estate Appraisal Statement of Retained Earnings Year Ended June 30, 2024 Retained Earnings, July 1, 2023 39.500 Net loss for the year (9.500) Dividends 27.300) Retained Esmings, June 30, 2024 $ 2,700 Requirement 3. Prepare the company's classified balance sheet in report form at June 30, 2024. (If a box is not used in the balance sheet, teave the box empty, do not select a label or enter a zero.) Erickson Real Estate Appraisal Balance Sheet June 30, 2024 Assets 4.600 Current Assets Cash Accounts Receivable Office Supplies 5.300 1,500 1.700 $ 13,100 13,000 82.000 (25,200 56,800 Prepaid Insurance Total Current Assets Property, Piant, and Equipment Land Building Less: Accumulated Depreciation-Building Total Property, Plant, and Equipment Total Assets Labilities) Current Liabilities: Accounts Payable Interest Payable Stories Payable Unearned Revenue 69,800 82.900 18,700 8.500 2,400 7,000 37.200 Total Current Liabilities Long-term Liabilities: Notus Payable Total Liabilities 40.000 11.200 Stockholders' Equity 3,000 2,700 Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders Equity 5.700 82.900 Requirement 4. Journalize the closing entries. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Start by closing revenues. Date Accounts and Explanation Debit Credit Jun. 30 Service Revenue 48,100 Cios. (1) Income Summary 48, 100 Credit Debit 57.600 To close revenue Close expenses for the period. Date Accounts and Explanation Jun. 30 Income Summary Clos. (2) Insurance Expense Salaries Expense Supplies Expense Interest Expense Utilities Expense Depreciation Expense--Building To close expenses Close Income Summary Date Accounts and Explanation Jun 30 Retained Earnings Clos (3) Income Summary 4,400 33,500 300 8,500 2.700 8,200 Credit Debit 9,500 9,500 To close Income Summary Close Dividends. Date Accounts and Explanation Jun 30 Retained Earnings Clos (4) Dividends Debit Credit 27.300 27,300 To close Dividends Requirement 5. T-accounts have been opened using the balances from the adjusted trial balance. Post the closing entries to the T-accounts. Use Clos..and the corresponding number as shown in the journal entry as posting references--"Clos(1). "Clos (2)", etc. The adjusted balance of has been entered for you. Post any closing entries to the accounts and then calculate the post-closing balance ("Bal") of each account including the closed). For any accounts with a zero balance after closing, enter a "on the normal side of the account. For Income Summary, calculate and enter Bal.") before posting the entry to close out the account. Post the entry to close Income Summary account on the same line as you entered the bala closing the second line) and then show the post-closing balance ("Bal") on the last third) line of the account Review the closing journal entries you prepared above Cash Accounts Payable Service Revenue Bal 4,600 18.700 Bal 48.100 Bat Bal 4,600 18,700 Bal Bal Bal Bal Accounts Receivable 5.300 5,300 Interest Payable 8.500 Bal 8.500 Bal Bal Bal Insurance Expense 4.400 4400 Office Supplies 1,500 1,500 Bal Bal Salaries Payable 2.400 Bal 2.400 Bal Bal Salaries Expense 33,500 33500 Bal Prepaid Insurance Unearned Revenue 7.500 Bal Supplies Expense 300 Bal 1.700 Bal Land 13,000 Notes Payable 40,000 Bal Interest Expense 8.500 Bal Bal Common Stock Building 82.000 Utilities Expense 2,700 Bal 3.000 Bal Bal Accumulated Depr-Building 25 200 Bal Dividends 27.300 Depreciation Expense-Building Bai. 8.200 Bal Retained Earnings 39,500 Bal Income Summary