FS-3A Maine Department Store is located near the Village Shopping Mall. At the end of the company's calendar year on December 31, 200. the following accounts appeared in two of its trial balances Problems: Set A 237 Unadjusted $ 4.000 75.000 80.000 32.000 9,600 Accounts Payable Accounts Receivable Aceumulated Depe-Building Accumulated Depr-Equipment Building Cash B. Maine Capital Cost of Goods Sold Depr. Expense--Building Dept. Expense-Equipment B. Maine Drawing Equipment Insurance Expense Interest Expense Unadjusted Adjusted $79.300 $ 79,300 Interest Payable 50.300 50.300 Interest Revenue 12,100 32.500 Merchandise Inventory 29.600 42,900 Mortgage Payable 190,000 190.000 Office Salaries Expense 23.800 23,800 Prepaid Insurance 176,600 176,600 Property Tax Expense. 412.700 412,700 Property Taxas Paynble 10,400 Sales Salaries Expense 13 300 Sales 28.000 28,000 Sales Commissions Expense. 110.000 110.000 Sales Commissions Payable 7.200 Sales Returns and Allowances 3,000 11.000 Utilities Expense Utilities Expense Payable Adjusted $ 8.000 4.000 75.000 80,000 32,000 2.400 4,800 4.800 76,000 628.000 14 500 4300 8.000 12.000 1.000 76.000 628,000 10.200 8.000 11.000 Instructions (a) Prepare a multiple-step income statement, an owner's equity statement, and a classified bal- forma, ance sheet. 520,000 of the mortgage payable is due for payment next year. Si, b) Journalize the adjusting entries that were made. (c) Journalize the closing entnes that are necessary