1. Vedula Advertising Agency was founded by Murali Vedula in January 2009. Presented here are both the adjusted and unadjusted trial balances as of December 31, 2014. Points 15 Vedla Advertising Agency Trece December 3, 2014 Uhatused 11.000 16.000 9.00 3350 50.000 T1000 19900 6.900 1750 Cah Accounts Receivable Sures Prepaid to Equipment Accumulated Depreciation Equipment Notes Pay Accounts Payable Worst Payable 2000 DO 000 2000 2000 Unachusted Adjusted 5000 100 20000 5500 20 5500 10000 10000 STO 200 Uhared Service Solares and Viages Payetle Common Sock RetiredExis Dividends Service Power Sales and Wage porte Insurance Egense Interest Expense Depreciation Expense Supplies Expense Rent Expense 9000 150 SHO 5000 200 4360 4380 123.00 122100 Instructions (a) Journalize the annual adjusting entries that were made. (b) Prepare an income statement and a retained earnings statement for the year ended December 31, and a classified balance sheet at December 31. (C) Identify which accounts should be closed on December 31. (d) If the note has been outstanding 10 months, what is the annual interest rate on that note? (e) If the company paid $10,500 in salaries in 2014, what was the balance in Salaries and Wages Payable on December 31. 2013