Golden Wedding Dress Company designs custom wedding dresses for brides to be. The person preparing the adjusting entries at year-end was unable to complete the adjustments due to illness. You have been given the following unadjusted trial balance along with some additional information for the December 31, 2023, year-end. Account Unadjusted Balance Account Unadjusted Balance Accounts receivable $ 81,800 Land $ 131,000 Accum. deprec., building 126,000 Merchandise inventory 71,800 Accum. deprec., equipment 342,000 Mortgage payable 226,124 Advance sales 226,000 Note payable 160,000 Allowance for doubtful accounts 800 Other operating expenses 1,171,000 Building 435,000 Sales 1,355,000 Cash 88,100 Salaries & admin expense 69,920 Equipment 639,000 Sales returns and allowances 8,600 Estimated warranty liability 4,200 Sarah Golden, capital 256,096 Other information: Assume all accounts have a normal balance. 75% of the balance in the Advance Sales account is for wedding dresses to be made and delivered by Golden during 2024; the remaining 25% is from sales earned during 2023. Golden warranties its wedding dresses against defects and estimates its warranty liability to be 2% of adjusted net sales. The 3%, 5-year note payable was issued on October 1, 2023; interest is payable annually each September 30. The mortgage is paid annually on the first day of the next year. The next mortgage payment will be paid consisting of $9,045 interest and $24,334 principal for a total of $33,379. Uncollectible accounts are estimated to be 1.5% of outstanding receivables. A physical count of the inventory showed a balance actually on hand of $62,600. Sarah promised her operations manager a year-end performance bonus of $3,668, which would be paid with her salary in January for high sales achieved this year. Required: 1. Based on the information provided, journalize the adjusting entries at December 31, 2023. 2. Prepare a classified balance sheet. (Be sure to list the assets and liabilities in order of their liquidity. Round the final answers to the nearest whole dollar amount.)