ASSIGNMENT Unadjusted trial balance of Thanos Merchandising Company is given below: 1. $5.000 of Office Supplies has been used. 2. Accrued interest revenue is $10.000 3. $15.000 of prepaid rent has expired as of December 31, 2019 4. As of December 31, 2017, $20.000 of the Unearned Service Revenue is earned Required a. Find the Marketing Expense for the year of 2019 (Hint: Write all the accounts to debitor credit sides while considering their nature. The total of debit and credit sides should be equal.) (10 points) b. Prepare and journalize the adjusting entries. (20 points) c. Prepare the adjusted trial balance (20 points) d. Journalize the closing entries (20 points) e. Prepare Income Statement and Statement of Financial Position (Balance Sheet) of Thanos Service Company in proper form. (30 points) Thanos Merchandising Company Unadjusted Trial Balance December 13, 2019 Account Balance Bank 514 800 Interest Payable 495.000 Bank Loan 15 years) 1.518 DOO Notes Receivable 924.000 Service Reve 2.970.000 Cost of Service 1584,000 Office Supplies 59.400 Accumulated Depreciation (Building) 924 000 Equipment 726 000 Marketing Expense 7772 Building 1.320.000 Depreciation Expense Building 198000 Interest receivable 247.500 Note payable (3 years) 825.000 Cau 92.400 Profit from sale of equipment 19.500 Account Receivable 176 200 Capital 2.541000 Utilities Expense 633.600 Accounts Payable 462.000 Bank loan it year Rent Expense 346.500 Prepaid Rent 165.000 Interest Expense 158.400 Accumulated Depreciation Equipment) HO Service discount B2.500 Land 2.540.000 Depreciation Expense Equipment 528.000 Interest Rever 165.000 Insurance Expense 115.500 Unearned Service Revenue 211.000 Thanos Merchandising Company was established on January 1, 2019. As of December 31, 2019, the following additional information is available