ACR5.1 On December 1, 2022, Divine Distributing Company had the following account balances. Cash Debit 9,200.00 Credit Accounts Receivable Note Receivable Inventory Supplies Prepaid Rent Equipment 5,400.00 Accumulated Depreciation-Equipment 6,000.00 Accounts Payable 10,700.00 Unearned Service Revenue 1,500.00 Salaries and Wages Payable 9,600.00 Common Stock 21,000.00 Retained Earnings 63,400.00 During December, the company completed the following transactions. Dec. Adjustment data: 4,200.00 7,100.00 2,100.00 1,200.00 18,000.00 30,800.00 63,400.00 6 Paid $2,200 for salaries and wages due employees, of which $1000 is for December and $1,200 was accrued in November to salaries and wages payable. 7 $300 of merchandise was returned from a November 30, 2022 sale on account 8 Received $1,800 cash from customers in payment of account (no discount allowed). 10 Sold merchandise for cash $9,100. The cost of the merchandise sold was $5,000. 13 Purchased merchandise on account from Hecht Co. $7,500, terms 2/10, n/30. 15 Purchased supplies for cash $1,800. 18 Sold merchandise on account $14,000, terms 3/10, n/30. The cost of the merchandise sold was $7,500. 20 Paid salaries and wages $2,400. 21 Paid $2,400 in advance for next year's annual insurance 23 Paid Hecht Co. in full, less discount. 27 Received collections in full, less discounts, from customers billed on December 18. 28 Received $500 from customers for services to be preformed in the future 29 Purchase Equipment on account for $3200 1. Accrued salaries and wages payable were $850 at the end of the month. 2. Depreciation was $460 per month. 3. Supplies on hand were $1,300 4. One month of interest income should be recorded on the $6000 Note Receivable at an APR of 5% 5. Services were preformed to satisfy $1200 of the unearned revenue 6. December's prepaid rent has been used (annual amount was $9600 as recorded in Prepaid Rent). Required: Complete each tab of this Excel Worksheet: General Journal (all transactions in December), map into T Accounts (add any if necessary), prepare Trial Balance prepare the adjusting entries (1-6 above), Prepare Financial Statements in good form (multi-step income statement, statement of retained earnings, balance sheet) prepare the closing entries, prepare the required ratio computations