File Edit View History hrome Inbox (241) abigailoforiwaa Bookmarks Profiles Tab Window Help M Gmail iConnect - Home Content x C M Question 12 - Mid-Term E ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.mwcc.edu%252Fwe... ☆ d-Term Exam TULOLD Saved + PARICOLT Help 0 A Save & Ex Required: 12 Ask 1. Prepare an income statement for the three months ended December 31, 2021. 2. Prepare a statement of owner's equity for the three months ended December 31, 2021. Hint: The S. Rey, Capital account balance was $0 on October 1, and owner investments were $64,000 this period. 3. Prepare a classified balance sheet as of December 31, 2021. 4. Record the closing entries as of December 31, 2021. 5. Prepare a post-closing trial balance as of December 31, 2021. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Prepare a post-closing trial balance as of December 31, 2021. Note: The accounts should be listed in account number order. BUSINESS SOLUTIONS Post-Closing Trial Balance December 31, 2021 Debit Credit < Prev 12 of 13 Next > M 8 tv MacBook Pro Aa C Bookmarks Tab Profiles Window Help le Chrome File Edit History View Inbox (241) - abigailoforiwaa x | M Gmail xiConnect - Home Content × M Question 12 - Mid-Term Exa ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.mwcc.edu%252Fwe... Mid-Term Exami Saved A Help Save & Exit 12 Mc Graw Hill The December 31, 2021, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of 2021) follows. Number Account Title 101 Cash 106 Accounts receivable 126 Ask Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 167 Computer equipment 168 Accumulated depreciation-Office equipment Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 301 S. Rey, Capital 302 S. Rey, Withdrawals 403 Computer services revenue 612 Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expense 637 Insurance expense 640 Rent expense 652 Computer supplies expense 655 Advertising expense 676 Mileage expense 677 Miscellaneous expenses 684 Repairs expense-Computer 901 Income summary Totals Debit $ 49,842 Credit 6,168 670 1,440 795 8,100 $ 405 22,000 1,375 1,300 460 1,800 64,000 6,600 42,524 405 1,375 3,475 480 2,385 3,175 2,653 866 190 1,245 $ 111,864 $111,864 Required: 1. Prepare an income statement for the three months ended December 31, 2021. < Prev 12 of 13 Next > 8 tv N T A Aa MacBook Pro C