1. The following accounts reflect the business activity of ABC General Partnership as of Dec. 31, 2021. ACCOUNTS ACCOUNTS BALANCES BALANCES Cash 8,000 Unearned Rev. 10,000 Accounts Rec. 4,300 Capital 125,000 Supplies 9,400 Drawings 16,000 Prepaid Insurance 6,200 Sales 40,000 Goods 42,500 Service Rev. 5.000 Equipment 21,500 Wages Exp. 20,000 Building 50,000 Interest Exp. 11,500 Accum. Depreciat. 20,250 Rent Exp. 12,500 Accounts Pay. 4,800 Repair Exp. 21,150 L/T Notes Pay. 20,000 Utilities Exp. 2,000 The following information is available for making adjusting entries: 1. Supplies on hand had a cost of $ 3,000. 2. Goods on hand had a cost of $ 17,000. 3. The cost of expired insurance for the year is $ 4,000. 4. Equipment is subject to 10% depreciation. 5. Building is subject to 3% depreciation. 6. The December utilities expense was not included in the trial balance because the bill arrived after it was prepared. Its $ 400 amount needs to be recorded. 7. The company employees have earned $ 2,500 of accrued wages. 8. An analysis of unearned revenue shows that $ 8,000 earned in December. 1. Journalize the appropriate adjusting. 2. Prepare multiple-step Income Statement. 3. Prepare a classified Balance Sheet