Information 1 Goodness Bakery is a business nestled in Preston, dedicated to offering a wide variety of freshly baked goodies. With an emphasis on premium ingredients and traditional baking processes, Goodness Bakery is tasked with providing food services to its customers. Additionally, Goodness Bakery is organized as a partnership company.

The first reason I chose partnership as a form of organization is because of my limited financial resources. Starting a business requires a significant amount of capital for various purposes so the private company structure with higher financial demands, does not enable me to establish a business. Secondly, since the current objective is to focus on providing high-quality baked goods, the public company structure which involves complex legal obligations is not conducive to company's approach. With the partnership, I can combine assets, share responsibilities and tap into a broader range of skills and resources.

Information 2 Here is a general journal

Date	Accounts and Explanation	Debit	Credit
Aug-01	Cash	140,000
	Huyen, partner, capital		140,000
	Owners contribution
Aug-03	Equipment	65,000
	Account payable		65,000
	Purchased equipment on credit
Aug-05	Initial Inventory	12,000
	Account payable		12,000
	Paid Initial Inventory $12.000 on credit.
Aug-05	Ingredients	7,000
	Cash		7,000
	Purchased of Ingredients
Aug-06	Marketing Expense	2,700
	Account payable		2,700
	Paid for marketing on credit
Aug-11	Account receivable	6,800
	Service revenue		6,800
	Performed services for customers
Aug-17	Account receivable	5,700
	Service revenue		5,700
	Performed services for customers
Aug-19	Account receivable	2,300
	Service revenue		2,300
	Performed services for customers
Aug-20	Account receivable	7,400
	Service revenue		7,400
	Performed services for customers
Aug-22	Rent expense	15,000
	Cash		15,000
	Paid 3-month rent with cash
Aug-24	Income Tax expense	1,600
	Account payable		1,600
	Paid Income Tax on credit
Aug-28	Salaries expense	8,500
	Cash		8,500
	Paid monthly salary to employees.
Aug-31	Water charges	300
	Cash		300
	Paid monthly water charges.
Aug-31	Electricity and Gas expense	700
	Cash		700
	Paid monthly electric and gas.

Question: Assuming it is the end of August, identify and post 5 adjusting entries, ensuring they are all different types of entries. The amounts and items recorded should be related to the information 1 and 2. Record the adjusting entries in the General Journal (include dates and narrations) and post them to the ledger accounts (T.Accounts - include dates and cross-references). Prepare the adjusted Trial Balance.