P4-2A ‘The adjusted trial balance columns of the worksheet for Boozer Company are as follows. BOOZER COMPANY Worksheet For the Year Ended December 31, 2012 Adjusted ‘Trial Balance Account Titles Dr. cr 101 ‘Cash 18,800 112 Accounts Receivable 16.200 126, ‘Supplies 2,300 130 Prepaid Insurance 4.400 151 Equipment 46.000 152 Accumulated Depreciation —Equipment 20,00) 200 Notes Payable 20,000 201 ‘Accounts Payable 8.000 212 Salaries and Wages Payable 2.6000 230 Interest Payable 1,000 301 ‘Owner's Capital 26,000 306. ‘Owner's Drawings 12,000 400 Service Revenue ‘87.800 610 Advertising Expense 631 Supplies Expense 7 Depreciation Expense 722 Insurance Expense 726 Salaries and Wages Expense ons Interest Expense Totals Instructions (a) Complete the worksheet by extending the balances to the financial statement columns. (b) Prepare an income statement,owner’s equity statement, and a classified balance sheet. $5,000 of the notes payable become due in 2013, C. Boozer did not make any additional investments in the business during 2012. (e) Prepare the closing entries. Use J14 for the journal page. (d) Post the clasing entries. Use the three-column form of account. Income Summary is account No. 350. {e) Prepare a post-closing trial balance.