d. Prepare an adjusted trial balance. e. Prepare the income statement and statement of owner's equity for March, and a classified balance sheet at March 31, 2021. Of the note payable, $2,000 must be paid by March 1, 2022. f. Journalize and post the closing entries. g. Prepare a post-closing trial balance at March 31. Taking it Further Do companies need to make adjusting and closing entries at the end of every month? Problem 4.5B (pages 4-58 to 4-59) Remember to include your answer to "Taking It Further" in your submission. 14.515 (L01, 2) AP Laura Eddy opened Eddy's Carpet Cleaners on March 1.2021. In March, the follow- ing transactions were completed: Mar. 1 Laura invested $10,000 cash in the business, 1 Purchased a used truck for S6,500, paying $1.500 cash and signing a note payable for the balance 3 Purchased supplies for $1,200 on account. Paid S1,200 on a one-year insurance policy. effective March 1 12 Billed customers $4,800 for cleaning services. Paid 5500 of amount owed on supplies. Paid $1.800 for employee salaries. 1 5 3 18 20