Question: Problem 3-6A Preparing closing entries and financial statements LO P6, P for Tuhalt Construction as of December 31, 2019, follows. 0. Tybalt imvested $6,000 cash

for Tuhalt Construction as of December 31, 2019, follows. 0. Tybalt imvested

$6,000 cash in the business in exchange for common stock during year

2019. The December 31. 2018, credit balance of the Retained Eamings account

was $122,000 Required: 10. Prepare the income statement for the calendar-year 2019

1b. Prepare the statement of retained earnings for the calendar-year 2019. 1c.

Prepare the classified balance sheet at December 31, 2019 2. Prepare the

necessary closing entries at December 31,2019. Prepare the income statement for the

calendar-year 2019. Prepare the statement of retained earnings for the calendar-year 2019.

Problem 3-6A Preparing closing entries and financial statements LO P6, P for Tuhalt Construction as of December 31, 2019, follows. 0. Tybalt imvested $6,000 cash in the business in exchange for common stock during year 2019. The December 31. 2018, credit balance of the Retained Eamings account was $122,000 Required: 10. Prepare the income statement for the calendar-year 2019 1b. Prepare the statement of retained earnings for the calendar-year 2019. 1c. Prepare the classified balance sheet at December 31, 2019 2. Prepare the necessary closing entries at December 31,2019. Prepare the income statement for the calendar-year 2019. Prepare the statement of retained earnings for the calendar-year 2019. Complete this quection by entering your answers in the tabs below. Prepare the damatind balnce theet at December 31,2019. Prepare the necessary closing entries at December 31, 2019. Journal entry worksheet 4 Record the entry to close the revenue account(s). Fote: Eriter debits before credits. Prepare the necessary closing entries at December 31, 2019. Journal entry worksheet Recard the entry to close the expense account(s). Note. Eenter aehits thefare croatw. Prepare the necessary closing entries at December 31, 2019. Journal entry worksheet 4 Record the entry to close income summary. Fote: Fiter debls before credits. Prepare the necessary closing entries at December 31, 2019. Journal entry worksheet 1 Record the entry to close the dividends account. Note: Enter debits before credits

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