How to do the adjusting entries.

Accounts Cash Accounts Receivable Prepaid Insurance Supplies Land Building Accumulated Depreciation Accounts Payable Deferred Revenue Common Stock Retained Earnings Dividends Service Revenue Debits Credits S 53,200 15,400 7,000 4,000 48,000 136,000 $ 8,000 6,700 13,800 150,000 72,500 2.800 38,960 12,360 Salaries Expense Depreciation Expense Insurance Expense 2,700 5,000 Property Tax Expense Totals 294,960 $294.960 The following is a summary of the transactions for the year: a. December 12 c. December 18 d. December 28 Collect on accounts receivable, $5,500. Purchase supplies on account, $6,200. Pay on accounts payable, $5,400. Provide tutoring services for cash, $13,100, and on account, $5,200. Pay salaries, $1,600. e. December 31 Required: 1. Record each of the summary transactions listed above. (10 points) 3. Post the transactions to the accounts. (10 points) 5. Record the adjusting entries. (4 points) A) The annual insurance policy in the amount of $12,000 was purchased on July 1 and has been adjusted through the end of November. B) Supplies remaining on hand at the end of the year equal $2,900. C) $11,800 of the deferred revenue has been earned. D) Depreciation on the building is $300 for December. 6. Post the adjusting entries. (4 points) 8. Complete the income statement (8 points),statement of stockholders' equity (4 points) and balance sheet as of December 31, 2018 (17 points). 9. Record the closing entries (5 points). 10. Post the closing entries (5 points) 11. Complete a post-closing trial balance (9 points)