I need the answer as soon as possible because the one i found on chegg is not correct

Question 1: (50 marks): Monoprix retail store is maintaining its accounts on a calendar year basis. The the following balances appeared in the unadjusted trial balance business adjusts and closes its accounts at the end of the year. At December 31, 2019 Prepaid insurance 10,800 Uneamed Sales revenue 20,000 Office Buildings 168,000 Accumulated depreciation Office Buildings 13,100 Land 36,000 Accounts receivable 54,150 Salaries expense Trading investments 18,000 3750 Interest expense 6000 Notes payable (Long Term) 16,000 Accounts payable 40,000 Trademarks 120,000 Non-Trading Investments 25,000 Cost of Goods Sold 60,000 Interest Revenue 18,000 Dividends 4000 Share Capital 320,000 4000 Advertising expense Cash 22,000 Selling Equipments 12,000 Accumulated depreciation, Selling Equipments 5600 Notes receivable 20,000 Office Supplies 7000 2000 Rent expense 150,000 Sales 5000 Salesmen Salaries expense 5000 Utilities expense 10,000 Retained Earnings 10.000 Ending Inventory - Merchandise Page 2 of 7 Additional Information: policy that started 1 December 2019 policy amount in the prepaid insurance represents a 5-year Insurance 2. An inventory of Office supplies at 31 December, 2019 revealed that office supplies on hand amounted to $7000 3. The Office Building has an estimated useful life of 20 years, residual line method 4. The Selling Equipments has an estimated useful life of 8 years. residual value $10,000 and depreciation is calculated using the Double Declining balance method 5. The 20000 credited to the unearned Sales revenue in the unadjusted trial balance represent advance payment for a 4-year service contract that started 1 October 2019. Accrued Salesmen Salaries at the end of the year, $1000. 6 7. Estimated Income taxes for the year. $ 5000 L Required: 1. Prepare the adjusting Entries for Monoprix at 31 December 2019. L 2. Prepare an Adjusted Trial Balance at 31 December 2019. Optional: Use the Excel sheet provided 3. Prepare a Classified Income Statement for Monoprix for the year ended 31 December 2019. 4. Prepare a Statement of Changes in Equity for Monoprix for the year ended 31 December 2019. 5. Prepare a Classified Statement of Financial Position for Monoprix as at 31 December 2019. Page 3 of 7