Prepare an income statement, an owner's equity statement, and a classified statement of financial position. E4,4 (LO 2) Worksheet data for Tal Interiors are presented in E4 2 Journalize and post closing entries and prepare a posr-closing trial balance Instructions a. Journalize the closing entries at April 30. b. Post the closing entries to Income Summary and Owner's Capital. Use T-accounts. c. Prepare a post.closing trial balance at April 30, Accounting Test Questions 1. The Statement of Profit and Loss is also called the* Balance Sheet Income Statement Statement of Cash Flows Statement of Financial Position 2. Which of the following is not a type of cash flows shown in the Cash Flow Statement? Operating cash flow Investing cash flow Accounting cash flow Financing cash flow 3. Which of the following is not a current asset?* Cash Accounts receivable Inventory Property, plant, and equipment Accounting Test Questions 1. The Statement of Profit and Loss is also called the* Balance Sheet Income Statement Statement of Cash Flows Statement of Financial Position 2. Which of the following is not a type of cash flows shown in the Cash Flow Statement? Operating cash flow Investing cash flow Accounting cash flow Financing cash flow 3. Which of the following is not a current asset?* Cash Accounts receivable Inventory Property, plant, and equipment