JBCRB Company is a sporting goods retailer with a December $31$ year$-$end. In the files section on Canvas there are files for the project ledger, project journal, the trial balance at December $23$ along with templates for other trial balances and financial statements. Below you are given the transactions for the last week of $2023$ and the information for any required adjusting entries for $2023.$ You are to do the following: Journalize and post the remaining $2023$ transactions Prepare a trial balance at December $31,2023$ Journalize and post the required adjusting entries Prepare an adjusted trial balance at December $31,2023$ Prepare a multi$-$step income statement for $2023$ Prepare a statement of retained earnings for $2023$ Prepare a classified balance sheet for December $31,2023$ Journalize and post the necessary closing entries at December $31,2023$ Prepare a post$-$closing trial balance Remaining December transactions: Dec. $24$Paid employees for the previous two weeks work, $$5,000$Dec $26$Paid Jolly Mon Company for inventory purchased on December $15,$ the inventory had a list price of $$10,000$ and the terms were $2/15,$ n$/30$Dec $28$Sold merchandise to Coconut Telegraph Company for $$6,000$ cash. The merchandise cost $$4,200.$Dec $29$Purchased $$800$ of office supplies for cashDec $29$Received payment from customer for sale of merchandise on December $10.$ The sales price was $$2,500$ and the terms were $2/10,$ n$/30.$Dec $30$Sold merchandise to Slack Tide Company for $$9,000$ on account. The terms are $2/15,$ n$/45.$ The merchandise cost $$6,200.$ Dec $30$Wrote off Door Number Three Companys account. The balance in the account was $$1,570.$Dec $31$Purchased $$6,000$ of merchandise inventory on account from Jolly Mon Company. The terms are $3/10,$ n$/30.$ Information for year$-$end adjusting entries: On December $31,$ there are $$1,400$ of office supplies on hand JBCRB borrowed the $$150,000$ on February $1,2023.$ JBCRB must make annual interest payments each February $1$ and pay the full note on February $1,2025.$ The interest rate on the note is $6\%.$ Employees have earned $$2,700$ in wages for work done since the last payday $($December $24)$ The prepaid rent was paid on July $1,2023,$ and covers a one$-$year period starting on July $1,2023.$ JBCRB paid a one$-$year insurance policy on August $1,2023.$ The Building has a twenty$-$year life and a $$40,000$ residual value. The Equipment has a ten$-$year useful life and no residual value. December utilities are $$450$ and will be paid in January JBCRB estimates its bad debts at $5\%$ of its accounts receivable balance. Check Figures:December $31$ Trial Balance Debits and Credits $=$ $$1,363,520$December $31$ Adjusted Trial Balance Debits and Credits $=$ $$1,417,100$Net Income $=$ $$98,570$Total Assets $=$ $$523,720$Post$-$Closing Trial Balance Debits and Credits $=$ $$800,900$