Client gathers the following information for adjusting entries on December 31: a) Accrued service revenue, $600. b) Earned 1/3 of the service revenue collected in advance on December 22. c) Supplies on hand, $100. d) Both the computer and the furniture need to be depreciated for a full month. e) Record the secretarys salary since being hired; she has now worked 1/3 of the month. f) Record expiration of prepaid insurance. Required 1) Prepare adjusting entries for the above transactions. 2) Post these entries to the ledger. 3) Prepare an adjusted trial balance, an income statement, a statement of owners equity, and a balance sheet as of / on December 31, 2021. 4) Prepare closing entries at December 31, 2021 and post to the ledger. 5) Prepare a post-closing trial balance on December 31, 2021. 6) Write a letter to the CEO explaining the current financial position of the company.