1 Good to Go Auto Products distributes automobile parts to service stations and repair shops. The adjusted trial balance data that follows is from the firm's worksheet for the year ended December 31, 20X1. Accounts Cash Debit 99,000 Credit 50 points Petty Cash Fund Notes Receivable, due 20X2 Accounts Receivable Interest Receivable Merchandise Inventory Warehouse Supplies Office Supplies 600 15,000 140,200 Allowance for Doubtful Accounts $ 3,800 150 128,500 3,300 700 Prepaid Insurance 4,640 eBook Land 16,000 Building 107,000 Accumulated Depreciation-Building 16,700 Warehouse Equipment 19,800 Print Accumulated Depreciation-Warehouse Equipment 9,500 Office Equipment 9,400 Accumulated Depreciation-Office Equipment 3,900 Notes Payable, due 20X2 15,000 56,900 400 Accounts Payable Interest Payable Notes Payable, Long-Term Mortgage Payable Colin O'Brien, Capital (Jan. 1) Colin O'Brien, Drawing Income Summary Sales Sales Returns and Allowances 17,000 20,000 326,870 70,650 131,400 128,500 1,110,300 8,400 Interest Income 580 Purchases 463,000 Freight In 9,800 Purchases Returns and Allowances 13,650 Purchases Discounts 9,240 Warehouse Wages Expense 108,600 Warehouse Supplies Expense 5,800 Depreciation Expense-Warehouse Equipment 3,400 Salaries Expense-Sales 151,700 Travel Expense 24,000 Delivery Expense 37,425 Salaries Expense-Office 85,000 Office Supplies Expense 1,220 Insurance Expense 9,875 Utilities Expense 8,000 Telephone Expense 3,280 Payroll Taxes Expense 31,600 Building Repairs Expense 3,700 Property Taxes Expense 16,400 Uncollectible Accounts Expense 3,580 Depreciation Expense-Building 5,600 Depreciation Expense-Office Equipment 1,620 Interest Expense 4,000 Totals $ 1,732,340 $ 1,732,340 Good to Go Auto Products distributes automobile parts to service stations and repair shops. The adjusted trial balance data for the year ended December 31, 2021 is included on the general ledger and trial balance tabs. The note receivable is due within the year. The note payable and mortgage payable are not due within the current year. Requirement General Journal General Ledger Trial Balance Income Statement Owners Equity Balance Sheet Show less 55% of available points - General Journal Tab - For each transaction, prepare the required adjusting or closing entry on the General Journal tab. List debits before credits. No input required - General Ledger Tab - Review each of the T-accounts to ensure that the adjusted balance is correct. No input required - Trial Balance Tab - Review the trial balance to ensure that each adjustment results in a normal ending balance, and that the total debits is equal to the total credits. 28% of available points - Income Statement Tab - Select the accounts to be included on the multiple step income statement. Within cost of goods sold, input items that increase cost of goods sold as positive values. Input items that decrease cost of goods sold as negative values. No input required -Statement of Owner's Equity Tab 17% of available points - Balance Sheet Tab - Select the accounts to included on a classified balance sheet; the amounts will autopopulate based on the trial balance selected (unadjusted, adjusted, post-closing).