GotiMan is operating an entertainment business, GotiDanob Inc. The unadjusted trial balance for Goti Danob Inc. at March 31, 2021 had the following normal balances. The company prepares quarterly financial statements. Debit Items Cash.. $ 54100 Accounts Receivable. . 5000 Supplies.. 300 Prepaid Insurance. 2600 Equipment.. 8400 Machinery. 5600 Electricity Expense 480 Rent Expense. 250 Depreciation Expense - Equipment .. 330 Depreciation Expense - Machinery.. 120 Credit Items $ Notes Payable. 40400 Accounts Payable.. 3550 Interest payable.. 1100 Unearned Service Revenue. . 3500 Goti Man, Capital .. Service Revenue.. 19000 . 3400 purchased on March 1, 2020 for $2500, has a term of one year. Policy XYZ on the machinery, which was purchased on March 1, 2021 for $3900, has a term of three years. 3. The annual interest rate on Notes Payable is 15%. (The Notes Payable was issued on February 1, 2021) Errors: 1. A payment for Electricity Expense was recorded as $250 instead of $530. 2. A debit posting of $2600 to the Accounts Receivable account was made twice. Instructions: (a) Journalize the adjusting entries for the 3- month period January 1, 2021-March 31, 2021. (b) Journalize the correcting entries for the 3- month period January 1, 2021-March 31, 2021. (c) Journalize the closing entries for Interest Revenue, Electricity Expense and Salaries Expense for the 3-month period January 1, 2021-March 31, 2021. Credit Items Notes Payable.. 40400 Accounts Payable 3550 Interest payable 1100 Unearned Service Revenue.. 3500 Goti Man, Capital 19000 Service Revenue 3400 Interest Revenue 610 Other Data: Adjustments: 1. Goti Danob Inc. has 8 salaried employees. Salaries are paid every Thursday for the current week. 4 employees receive a salary of $200 each per week, while the rest of the employees receive a salary of $700 each per week. Employees work five days a week (Sunday to Thursday) and they do not work on weekends (Friday and Saturday). Assume March 31 is a Monday. All the employees work through March 31st. 2. GotiDanob Inc. has separate insurance policies on its equipment and its machinery. Policy ABC on the equipment, which was purchased on March 1, 2020 for $2500, has a term of one year. Policy XYZ on the machinery, which was purchased on March 1, 2021 for $3900, has a term of three years