Following is a series of adjustments for the entity you have worked on previously    –      Happy Ever AfterWeddings and Event Catering Service :

 A]  A 1-year insurance policy was purchased March 31, 2021  

 B] Supplies used, but not recorded, $3,500

 C] The equipment,  has an estimated 10-year life, with zero salvage value

 D] 1-year’s Interest, at 10%, has accrued, and has not been adjusted

 E] Unearned Catering Revenue has now been earned - $2,800

 F] Salaries for the last week of the year have not been paid - $1,200 of salaries have accrued, and will be paid in the new year.

 G] Many December events were catered, most have been paid for, but a small amount is still outstanding at year-end, and payment will be received in the new year - $1,200   

 H] The outstanding telephone bills amount to $1,500

			Unadjusted Trial Balance
			Dr		Cr
Cash			15850.00
Accounts Receivable			0.00
Office Supplies			3700.00
Prepaid Insurance			2400.00
Prepaid Rent			4800.00
Prepaid Catering Services			3500.00
Office Furniture			5500.00		0.00
Equipment			5000.00		0.00
Loans Payable					10000.00
Accounts Payable					0.00
Unearned Revenue			0.00		15500.00
G.B. Capital					20000.00
G.B. Withdrawals			2400.00
Catering Serv. Rev			0.00		10500.00
Wages Expense			7800.00
Rent Expense			0.00
Catering Serv. Exp			3500.00
Supplies Expense
Telephone Exp			1300.00
Insurance Expense
Auto Lease Exp			250.00
Interest Payable
Salaries Payable
Depreciation Expense
Accum. Depn - Eq
Totals
Profit			56000.00		56000.00

Prepare adjusting and closing entries?