(Solved): Problem 3-7A (Algo) Complete the accounting cycle after adjusting entries \( ( \) LO3-4, 3-5, 3-6,3 ...

Problem 3-7A (Algo) Complete the accounting cycle after adjusting entries \( ( \) LO3-4, 3-5, 3-6,3-7) Crimson Tide Music Academy offers lessons in playing a wide range of musical instruments. The unadjusted trial balance as of December 31, 2024, appears below. December 31 is the company's fiscal year-end. In addition, the company had the following year-end adjusting entries. In addition, the company had the following year-end adjusting entries. Required: 1., 2. \& 6 . Enter the unadjusted balances from the trial balance and post the adjusting entries to the T-accounts, and post the closing entries to the T-accounts. 3. Prepare an adjusted trial balance. 4. Prepare an income statement, statement of stockholders' equity, and classified balance sheet for the year ended December 31, \( 2024 . \) 5. Record closing entries. 7. Prepare a post-closing trial balance. Complete this question by entering your answers in the tabs below.