EX4-3 Adjusted trial balance, income statement, closing entries

The Adjusted trial balance for the month ending April 30, 2018 for Sav Co. is presented below. The owner did not make any additional owner investments in the business in April.Account titles Dr. Cr.Cash 10,000Accounts Receivable 7,840Prepaid Rent 2,280Equipment 23,050Accm Deprn-Equip 4,900Notes Payable 5,700Accounts Payable 4,920Owner’s capital 27,960Drawings 3,650Revenue 15,590Wages Expense 10,840Rent Expense 760Deprn Expense 650Interest Expense 57Interest Payable 57 Totals 59,127 59,127EX4-3 Prepare an “income statement”, “owner’s equity statement”, and “balance sheet”.EX4-4: Prepare the closing entries at April 30.

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