ost the closing entries. st be paid by March 1, 2022. ified balance g. Prepare a post-closing trial balance at March 31. Taking It Further Do companies need to make adjusting and closing entries at the end of every month? P4.6B (LO 1, 3) AP Nazari Electrical Services has an August 31 fiscal year end. The company's trial balance prior to adjustments follows : Prepare adjusting entries, adjusted trial balance, financial statements, and closing entries. NAZARI ELECTRICAL SERVICES Trial Balance August 31, 2021 Debit Cash Credit Supplies $ 13,870 23,400 Debt investments 18,000 Equipment 108,000 Accumulated depreciation-equipment $ 38,250 Vehicles 98,000 Accumulated depreciation-vehicles 42,875 Accounts payable 7,115 Unearned revenue 4,500 Notes payable 48,000 A. Nazari, capital 68,175 A. Nazari, drawings 32,400 Service revenue 180,115 Interest revenue 360 Repairs expense 25,235 Insurance expense 3,550 2,535 Interest expense Rent expense 18,900 40,500 Salaries expense $389,390 $389,390 dditional information: 1. The equipment has an expected useful life of 12 years. The vehicles' expected useful life is eight years . 2. A physical count showed $1,500 of supplies on hand at August 31, 2021. 3. As at August 31, 2021, there was $2,500 of revenue received in advance and the related services have not yet been performed