CashAccounts FlecENable43. 3.010InventorySuppliES5, 500Equipment*Accumulated Depreciation - Equipment$ 20.0.00Notes Payable41.0.00Accounts Payable32.500Common Stock1, 000Alstained Earnings$1. TOOSales AlavenueSales Flaturns and Allowances1.3.000Cost of Goods Sold245.900Salaries and Wages Expense125 , 650Advertising Expanse*35, 000Utilities ExpensesMaintenance and Repairs EXPENSEFreight- out16. 6:00Plant EXPENSEAdjustment data :"1. Supplies on hand totaled $ 2, 2002. Depreciation is $6, and on the equipment3. Interest of }} And is accrued on notes payable at June 30.Other data :`1 . Salaries and wares expense is `` selling and $186 administrative .*2. Rent expense and utilities expense are To` selling and ]^ administrative3. SID, god of notes payable are due for payment next year.4 . Maintenance and repairs expense is 10`` administrative .Instructions*lal Journalize the adjusting entries.Ibj Prepare an adjusted trial balance*Ic) Prepare a multiple-step income statement and retained earnings statement for the year and a classi -field balance sheet as of June 3.01, 2014 .li'l Journalize the closing entries .Tel Prepare a post - closing trial balance .P3 - 5{ | Adjusting Entries ! The accounts listed below appeared in the December 31 trial balance of theDanforth Club .