The adjusted trial balance columns of the worksheet for Rick Pool Company, owned by Rick Pool, are as follows.

(a) Prepare an income statement, owner's equity statement, and a classified balance sheet. $10,000 of the notes payable become due in 2018. Rick Pool not make any did additional investments in the business during the year.
(b) Prepare the closing entries. Use J14 for the journal page
(c) Post the closing entries. Use the three-column form of account. Income summary is No. 350.
(d) Prepare a post-closing trial balance.

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RICK POOL COMPANY Adjusted Trial Balance For the Year Ended December 31, 2017 Adjusted Account Account Titles Credit Salaries and Wages Payable Rick Pool, Capital Rick Pool, Drawing Depreciation Expense Salaries and Wages Expense 146,500 $146,500