The adjusted trial balance of Rockin Robbin Dance Company at April 30, 2018, follows:

Requirements
1. Prepare Rockin Robbin's multi-step income statement for the year ended April 30, 2018.
2. Journalize Rockin Robbin's closing entries.
3. Prepare a post-closing trial balance as of April 30, 2018.

Transcribed Image Text:

ROCKIN ROBBIN DANCE COMPANY Adjusted Trial Balance April 30, 2018 Balance Account Title Debit Credit $ 4,400 Cash Accounts Receivable 38,000 Merchandise Inventory 17,800 Office Supplies 850 Furniture 39,900 $ 8,300 Accumulated Depreciation-Furniture Accounts Payable 14,100 Salaries Payable 1,000 Unearned Revenue 6,500 Notes Payable, long-term 12,000 Common Stock 5,000 Retained Earnings 36,150 Dividends 40,000 Sales Revenue 178,500 Cost of Goods Sold 83,700 Selling Expense 19,000 Administrative Expense 16,000 Interest Expense 1,900 $ 261,550 $ 261,550 Total