CNA Industrial Group Trail Balance December 1", 2021 Balance Credit Account Titles Debit $10,000 $3,000 $2,000 $100,000 $24,000 - Cash. Accounts receivable.. Supplies Building Prepaid rent Accumulated amortization - building. Salaries payable Uneared service revenue. Accounts payable. Capital.... Withdrawals. Service revenue. Supplies expense. Salaries expense. Rent expense Miscellaneous expense. Amortization expense -building. Total.. $20,000 $2,000 $3,000 $28,000 $82,000 $8,000 $40,000 $0 $24,000 $0 $4,000 SO $175,000 $175,000 During December, the business engaged in the following transactions: a) Purchased supplies on account, $500. b) Performed service for a customer and received cash of $3,000 On December 31", the following adjusting entries are necessary: c) A count of supplies shows $1,500 of unused supplies on hand on December 31 d) Amortization for the year on building is $5,000 e) Salaries accrued at December 31, 2020, amounted to $500 1) Service revenue that must be accrued, $3,000 g) Twelve months of rent ($24,000) were paid in advance on September 1, 2021. No rent expense has been recorded since that date 1. Journalize transactions a-g. Identify joumal entries by their transaction letter (Instead of date). (14 points) 2. Prepare the income statement, the statement of owner's equity, and the balance sheet. (18 points) 3. Journalize the closing entries required to close the accounts. (8 points)