B Instructions: A) Identify the type of account and normal balance of each item listed below. 3 Jumbled, LLC. Account Balances Type of Account "Normal" Balance 4 Dividends 2,000.00 5 Accounts Receivable 10,000.00 6 Wages 23,550.00 7 Building 135,000.00 8 Cash 109,850.00 9 Merchandise Inventory 20,000.00 10 Interest Payable 11 Supplies Inventory 12 Rent 13 Interest 14 Wages Payable 15 Land 16 Prepaid Rent 17 Accumulated Depreciation on Equipment 1,500.00 5,500.00 11,000.00 15,000.00 6,500.00 18 Prepaid Insurance 300.00 19 Accumulated Depreciation on Building 20 Cost of Goods Sold 35,000.00 21 Advertising 1,500.00 22 Notes Payable 200,000.00 23 Equipment 25,000.00 24 Accounts Payable 2,500.00 25 Insurance 3,300.00 26 Unearned Revenue 10,000.00 27 Supply Expense 28 Retained Earnings 29 Maintenance 30 Depreciation 31 Sales 32 Common Stock 33 2,500.00 95,000.00 100,000.00 34 B) Prepare the Adjusting Journal Entries for the following: 35 36 1 Annual interest on the Note Payable is 6%. The accountant has not recorded December 2 Workers are owed $450 at year end for work performed. The next payday is January 5.