The Alphabetical Listing Below Includes All of the Adjusted Account

question 21

Essay

The alphabetical listing below includes all of the adjusted account balances of Battle Creek,Inc.as of December 31,2018.All account balances are normal.
$\begin{array}{lr}\text { Accounts Payable } & \$, 000 \\\text { Accounts Receivable } & 16,000 \\\text { Accumulated Depreciation } & 6,000 \\\text { Common Stock } & 4,000 \\\text { Cash } & 10,000 \\\text { Depreciation Expense } & 2,000 \\\text { Dividends } & 2,000 \\\text { Equipment } & 18,000 \\\text { Income Tax Expense } & 2,000 \\\text { Income Taxes Payable } & 2,000 \\\text { Rent Expense } & 4,000 \\\text { Retained Earnings } & 6,000 \\\text { Salaries and Wages Expense } & 8,000 \\\text { Service Revenue } & 36,000 \\\text { Deferred Revenue } & 2,000\end{array}$ Required:
Part a.Prepare the closing entries.
Part b.Prepare the post-closing trial balance as of December 31,2018.
Part c.Prepare the classified balance sheet at December 31,2018.

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Definitions:

Public Hearings

Formal meetings held by government bodies to allow members of the public to express their opinions and concerns on specific legislative or regulatory issues.

Sharon Statement

A declaration of conservative principles drafted by young conservatives at Sharon, Connecticut in 1960, emphasizing free market and limited government.

Goldwater's Presidential Nomination

Refers to Barry Goldwater, a U.S. Senator from Arizona, who received the Republican nomination for President in 1964, known for his conservative stance and advocacy for limited government.

Black Power

Black Power is a political and social movement advocating for the rights, self-determination, and empowerment of Black people, popularized during the civil rights movement in the 1960s.