DateAug. $31$TransactionCharli took an inventory of supplies and discovered that $$250$ of supplies remain unused at the end of the month.The equipment purchased on August $3$ depreciated $$2,500$ during the month of August.Aug. $31$Aug. $31$Aug. $31$Aug. $31$Charli performed $$1,100$ of services during August for the customer from the August $14$ transaction.Reviewing the company bank statement, Charli discovers $$350$ of interest earned during the month of August that was previously uncollected and unrecorded. As a new customer for the bank, the interest was paid by a bank that offered an above$-$market$-$average interest rate.Unpaid and previously unrecorded income taxes for the month are $$3,400.$ The tax payment was to cover his federal quarterly estimated income taxes. He lives in a state that does not have an individual income taxRequirement #$4$Record the adjusting journal entries required for all of the above transactions. Make sure they are neat, legible and organized. Make sure to reference each entry $($use AJE #$1,$ AJE #$2,$ etc$).$ Any and all calculations that need to be done to get numbers$/$amounts $($if needed$)$ must be shown in a description below the journal entry.Requirement #$5$ Post adjusting journal entry information to the ledger as represented by T$-$accounts. Continue withthe prior T$-$accounts and create any new ones as needed. Make sure to reference each amount back to the correct J$/$E $($use the same scheme as mentioned in Requirement #$4).$Requirement #$6$ Prepare an adjusted trial balance IN GOOD FORM. Continue with the unadjusted trial balance and simply add $2$ new columns for the adjusted amounts and any new account rows if needed.Requirement #$7$ Prepare the income statement, statement of retained earnings, and a classified balance sheet with allaccounts in the proper classification. Make sure they are all in good form and readable. Remember, you are creating the statements for $3$rd party users, not youself. All statements must be IN GOOD FORM.Requirement #$8$Prepare the closing journal entries. Make sure they are neat, legible and organized.Requirement #$9$ Post closing journal entry information to the ledger as represented by T$-$accounts. Continue with theprior T$-$accounts and create any new ones as needed. Make sure you show final balances in each T$-$account.Requirement #$10$ Prepare a post closing adjusted trial balance IN GOOD FORM.