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  3. required: 1 to 3. first, post the unadjusted bala

Required: 1 to 3. First, post the unadjusted balances from the unadjusted trial balance...

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Accounting

Required:
1 to 3. First, post the unadjusted balances from the unadjusted trial balance that was given and the adjusting entries that were made in Problem 2-3 into the appropriate T-accounts (on the T-accounts tab). Then prepare an adjusted trial balance.
4-a. Prepare an income statement for the year ended December 31,2024. Assume that no common stock was issued during the year and that $4,000 in cash dividends were paid to shareholders during the year.
4-b. Prepare a statement of shareholders' equity for the year ended December 31,2024. Assume that no common stock was issued during the year and that $4,000 in cash dividends were paid to shareholders during the year.
4-c. Prepare a classified balance sheet as of December 31,2024. Assume that no common stock was issued during the year and that $4,000 in cash dividends were paid to shareholders during the year.
5. Prepare closing entries and post to the T-accounts (on the T-accounts tab).
6. Prepare a post-closing trial balance.
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