1. Pitman Company is a small editorial services company owned and operated by Jan Pitman. On October 31 2010 end of the current year, Pitman Company's accounting clerk prepared the following unadjusted trial balance Pitman Company Unadjusted Trial Balance October 31, 2019 Debit Credit Balances Balances Cash 4,220 Accounts Receivable 38,300 Prepaid Insurance 7,140 Supplies 1,950 Land 112,630 Building 283,170 Accumulated Depreciation-Building 137,620 Equipment 135,350 Accumulated Depreciation-Equipment 98,020 Accounts Payable 12,010 Unearned Rent 6,820 Jan Pitman, Capital 300,700 Jan Pitman, Drawing 14,930 Fees Earned 324,570 Salaries and Wages Expense 193,440 Utilities Expense 42,520 Advertising Expense 22,720 Repairs Expense 17,200 Miscellaneous Expense 6,170 879,740 879,740 The data needed to determine year-end adjustments are as follows: Unexpired insurance at October 31, $4,780. Supplies on hand at October 31, $590. Depreciation of building for the year, $3,170. Depreciation of equipment for the year, $2,740. Unearned rent at October 31, $1,770. Accrued salaries and wages at October 31, $3,100. Fees earned but unbilled on October 31, $18,180. 1. Enter the unadjusted balances into t-accounts and then enter the adjustments 2. Calculate the new balances and prepare an adjusted trial balance. 3. Using the adjusted trail balance, complete a set of financial statements. 4. Prepare closing entries