Johnson Graphics Company was organized on January 1, 2017, by Cameron Johnson. At the end of the first 6 months of operations, the trial balance contained the following accounts Cash Accounts Receivable Equipment Insurance Expense Salaries and Wages Expense Supplies Expense Advertising Expense Rent Expense Utilities Expense Debit $ 8.600 14.000 45,000 2,700 30,000 3,700 1,900 1,500 1,700 $109,100 Notes Payable Accounts Payable Owner's Capital Sales Revenue Service Revenue Credit $ 20,000 9.000 22.000 52.100 6.000 $109.100 Analysis reveals the following additional data 1. The 53,700 balance in Supplies Expense represents supplies purchased in January. At June 30, $1,500 of supplies is on hand. 2. The note payable was issued on February 1. It is a 9%, 6-month note. 3. The balance in Insurance Expense is the premium on a one-year policy, dated March 1, 2017. 4. Depreciation is $2,250 per year. During the second half of 2017 Johnson Graphics Company had the following transactions July: 10 Received $13,000 cash from customers on account. July: 12 Received SR, 100 cash for services performed. July 31: Payment made to the Notes Payable. August: 5 Sale of Equipment costing $2.000 at book value $1,500. September: 17 Purchased supplies on account $1,700 October: 2 Paid creditors on account $7,000. October 20: Services performed and received cash $15.000 October 22: Paid rent $3,000. November 25: Paid salaries $10,000. December 27: Performed services on account and billed customers for these services $25,200. Analysis reveals the following additional data. 1. At December 31, $1,500 of supplies is on hand. 3. The balance in Insurance is the premium on a one-year policy, dated March 1, 2017. 4. Depreciation is $2,000 per year. Instructions: For first half year (a) Journalize and post the adjusting entries, and produce an adjusted trial balance. (b) Prepare a worksheet. (c) Prepare the income statement and owner's equity statement and a classified balance sheet (d) Prepare closing entries and a post-closing trial balance. For the second half year: (a) Journalize and post the transactions. (b) Prepare a trial balance. (c) Journalize and post the adjusting entries, and produce an adjusted trial balance. (d) Prepare the income statement and owner's equity statement and a classified balance sheet. (f) Prepare closing entries and a post-closing trial balance