exchanged and paid in local currency.

They paid the wages of $3,600 to their 20 to their 20 employees and the amount is who are working in the plant on 15th day of the next month, which means on April 15, 2022.

They paid $1,500 for fuel to run the plant (mill) in the month of March 2022.

They also paid $750 in for the utilities and maintenance cost for the month of March 2022.

They purchased raw material (bags) and other essential and paid $3,800 in cash during the month of March 2022.

Purchased 1000 Tons of wheat from farmers each ton for $26 and paid $1 per ton for transportation cost in cash in the month of March 2022.

Sold 2000 bags of 0.5 ton each to the female bakery owners for $20 a subsidized rate to promote female chain of bakery in the month of March 2022.

Do the following:

1. Prepare the adjusting entries.

2. Prepare the adjusted trail balance.