Required

Prepare Income Statement 

Prepare closing entries

Prepare a retained earning entries. 

The completed financial statement calum rs of the worksheet far Havak Music are shown as follows lamounts in NT$) Account Ha. 101 112 130 157 158 201 212 311 320 332 400 622 711 722 726 732 Cash Account Titles Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation-Equip Accounts Payable Salaries and Wages Payable Share Capital-Ordinary Retained Earnings Dividends Havak Music Worksheet For the Year Ended December 31, 2020 Service Revenue Maintenance and Repairs Expense Depreciation Exper Insurance Expeme Salaries and Wages Experse Utilities Exper Het Income Tatak Income Statement DE 1,972 3,249 2,099 34,800 1,624 43,732 Ct 49,500 69,600 25,868 69,600 69,600 Statement of Financial Position DE 10,208 12,529 3,248 27,840 12,760 66,594 66,594 Ct 4,972 10,440 2,794 17,400 5,220 40,716 25,969 66,594