Question: solve the quastions Instructions a. Prepare the closing entries using page J15. b. Post to Retained Earnings and No. 350 Income Summary accounts. (Use the

solve the quastions

Instructions a. Prepare the closing entries using page J15. b. Post to Retained Earnings and No. 350 Income Summary accounts. (Use the three-column form.) c. Prepare a post-closing trial balance at July 31 . ( d as ing) E49 (LO 4) The adjusted trial balance for Huang Automotive is presented in E4.8. Prepare financial statements. Instructions a. Prepare an income statement and a retained earnings statement for the year, b. Prepare a classified statemet of financial position at July 31

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