Watchdog Company maintains and repairs warning lights, such as those found on radio towers and lighthouses. Watchdog Company prepared the end-of-period spreadsheet shown below at July 31, 2014, the end of the current fiscal year:1. Prepare an income statement for the year ended July 31.2. Prepare a retained earnings statement for the year ended July 31.3. Prepare a balance sheet as of July 31.4. Based upon the end-of-period spreadsheet, journalize the closing entries.5. Prepare a post-closing trialbalance.
Watchdog Company maintains and repairs warning lights such as those