Here is a trial Balance for a merchandising company, Juarez Pet Supplies Jaures Pet Supply Trial Balance As of 12.31 2019 DIR CR Cash 10,000.00 3.000.00 AR Inventory 11.2019 2,000.00 AP 2.650.00 Unearned Revenue 250.00 5,000.00 Joseph Juarez Capital 1.1.2019 Joseph Juarer Withdrawals Sales 500.00 25,000.00 Sales Returns and Allowances 1.000.00 Sales Discounts CGS 500.00 9,600.00 3,500.00 Payroll Expense Payroll Taxes 500.00 300.00 Rent Expense Freight Out Insurance Expense 200.00 1.800.00 Total 32.900.00 32,900.00 Questions Prepares a Worksheet: 1. Prepare an Adjusting Entry assuming there is $2,500.00 in Inventory at 12.31.2019. For this response write the Journal Entry. 2. Prepare the Adjusting Journal Entry if the Unearned Revenue at 12.31.2019 is 150.00. For this response write the Journal Entry. 3. Prepare an Adjusted Trial Balance at 12.31.2019. Hint : Total DR's = $32,900.00. It should look just like the Trial Balance Above except the account balances will reflect AJE's. 4. Prepare an Income Statement for the Year Ended 12.31.2019. Hint: Net Income is $8,200.00 5. Prepare a Classified Balance Sheet at 12.31.2019 using your Adjusted Trial Balance at 12.31.2019 6. Juarez Pet Sunnly had the following info