3-7A (Algo) Complete the accounting cycle after adjusting entries (L03-4, 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, 2004, appears below December 31 is the company's fiscal year-end. Debits $20 300 10.500 Credits Cash Accounts Receivable Supp 3,000 Prepaid 200 Land 00,000 30.000 Accounts Payable $9.200 Salanes Payable 0 Deferred Rev 5.800 0 Common Stock Retained Earings Service Revenue 102.000 21,200 52.200 0 27.000 Salaries Expense D 3400 $190.400 $190.400 in adonion, the company had the following year-end aqusting enes Debits Credits Salaries Expense 2600 Salaries Payate 2.000 1.300 1.300 Supplies Expense 1.000 1010 d Defend Revenue 1000 Service Revenue 3.000 Rant Expense 5900 Prepaid Rent 6.900 Uites Exp 700 Utilities Payable 700 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 tnal balance