Question: The December 3 1 , 2 0 2 4 , adjusted trial balance for the Blueboy Cheese Corporation is presented below. Required: 1 - a

The December 31,2024, adjusted trial balance for the Blueboy Cheese Corporation is presented below.
Required:
1-a. Prepare an income statement for the year ended December 31,2024.
1-b. Prepare a classified balance sheet as of December 31,2024.
2. Prepare the necessary closing entries on December 31,2024.
The December 3 1 , 2 0 2 4 , adjusted trial

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