Given the adjusting entries and closing entries. Prepare the balance sheet, statement of profit and loss and statement of changes in equity.

Adjusting entries: EXS 31 a Depreciation Expense Accumulated Depreciation, Packaging Equipment CC 3.000 3.000 1.000 Depreciation Expense Accumulated Deprecintion, Office Equipment 3,920 Packaging Supplies expenso Packaging Supplies 3.920 1,460 d Office Supplies Expense Office Supplies 1,460 7,080 e Rent Expense Prepaid Rent 7,080 f Interest Expense Accrued Interest Payable 125 125 Uncarned Revenue Revenue from Services 1,040 1,040 h Unbilled Revenue Revenue from Services 1,390 1,390 i Salaries Expense Salaries Pesaple 970 970 Prepaid Auverusement Advertisement Exprase 400 k Telephone Expense Telephone Expense Payable 400 200 Income Tax Expense Income Tax Payable 12 Instructor's Mamal to Acompany Financial Accounting: A Managerial Desen 200 1,600 160 Closing entries: 20X5 Dec. 31 Revenue from Services Statement of Profit agd Loss 43,690 43.690 42.205 15,880 2.340 secincity Expense 4,400 Statement of Profit and Loss Salaries Expense Electricity Advertisement Expense Telephone Expense Depreciation Expense Packaging Office Supplies Expense Rent Expense Interest Expenso Income Tax Expense peckaging Supplies Expovise 1,400 4.000 3,920 1.460 7,080 125 1,600 Statement of Profit and Loss Statement of Retained Earnings 1.485 1,485 Statement of Retained Enmings Dividends 2.500 2,500 AM X SIM . 3 3.930 OS Web Alco Ano ELLEL ELGELIG SIL 1.390 S QUA Ehe AV Dans - ATT 30 - Narim. Packaging Limited was set up on January 1, 2023. Iis trial balance on December 31, ang Problem 4.15 The Complete Accounting Cycle, Service Organization: One Period **** Alternative to Problem 4.14 30,000 89.000 10,000 3,000 as follows: NAVIN PACKAGING LIMITED Unadjusted Trial Balance, December 31, 20x5 Packaging equipment, Accumulated depreciation, Packaging equipment.. Office equipment Accumulated depreciation, Office equipment Packaging supplies. Office supplies Trade receivables Cash.. Prepaid rent Bills payable Trade payables Unearned revenue Share capital Retained earnings Dividends Revenue from services Salaries expense Electricity expense Advertisement expense Telephone expense 6,280 2,650 2,170 8,820 9,600 2,500 1,360 1,800 35,000 1,350 2,500 41,260 14,910 2,340 4,800 1,200 95,270 95.270 per month Required 1. Enter the trial balance amounts on a worksheet and complete the worksheet using the following information: (a) Estimated depreciation on packaging equipment, 33,000 (b) Estimated depreciation on office equipment, 31,000. (c) Inventory of packaging supplies, 22,360. (d) Inventory of office supplies, 21,190. (e) Prepaid rent includes rent for January to March, 20x6 at 840 (1) Accrued interest on the bill payable at 15 per cent per annum from September 1, 2018 () Services provided to clients that had been paid for in advance but not taken as revenue 1,040 (h) Unbilled revenue, 81,390. (1) Unpaid salaries, 8970. O Prepaid advertisement, 2400 (k) Unpaid telephone expense, 200. (1) Estimated income tax expense, 1,600 2. Prepare the 20x5 balance sheet, statement of profit and loss and statement of charges in equity. There was no issue of capital in the year ended December 31, 20X5. 3. Prepare adjusting and closing entries