d) Journalize the following adjusting entries using the following information: The total monthly water rate is $30,000. One employee's salary was overpaid by $4,500. Investigations proved that a miscalculation occurred and the employee was indeed over paid for the month. The insurance for the shop was due and payable by May 1". The annual premium is $48,000 and the expense is incurred monthly. This was not previously included in the transactions listed It was found that of Neiman Marcus balance, S4,000 must be written off as bad debts. > Three thousand dollars ($3,000) of the Commission received was for the month of June 2021 For the first month of operation, depreciation annually is calculated at: Building - 9% Straight Line Motor Vehicle - 15% Straight Line o Furniture -12% Straight line Note: when doing the adjusted T accounts only the accounts that have been affected need to be done (5 marks) e) Post the above adjusting entries to their respective accounts in the general ledger creating additional accounts as the journals would dictate. (Please refer to notes re the journals) (5 marks) 1) Prepare an adjusted trial balance with the inclusion of the above balances (5 marks) g) Prepare the Statement of Profit or Loss and the Statement of Financial Position for the period under review. For use in the financial statements, closing stock amounts to $25,000 at the end of the month. (20 marks)