A completed worksheet for The King Group is given below. The King Group Month Ended December 31, 2019 Adjusted Trial Income Trial Balance Adjustments Balance Statement Balance Sheet Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit 91,600 11,200 4,400 17,600 40,000 91,600 11,200 (a) 1,600 2,800 (b) 2,200 15,400 40,000 91.600 11,200 2,800 15,400 40,000 Cash Prepaid Advertising 1,600 11,200 124,000 52,200 1,600 11,200 124,000 (c) 1,600 11,200 124,000 Delva King, Capital Delva King, Drawing Fees Income Sup 7,600 7,600 7,600 52,200 52,200 1,600 2,200 1,600 13,600 1,400 (a) 1,600 (b) 2,200 (c) 1,600 1,600 2,200 Depreciation Expense-Equipment 13,600 1,400 13,600 1.400 Utilities Expense 187,400 187,400 5,400 5,400 189,000 189,000 20,400 52,200 168,600 136,800 31,800 52,200 52,200 168,600 168,600 Net Income 31.800_ Required: 1. Record the adjusting entries in the general journal (transactions 1-3) 2 Record the closing entries in the general journal (transactions 4-7). 3. Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances. 4. Prepare a post-closing trial balance Analyze: How many accounts are listed in the adjusted and post-closing trial balance