P3-4B (Financial Statements, Adjusting and Closing Entries) The trial balance of Orange Center contained the following accounts at June 30, the end of the company?s fiscal year. Adjustment data: 1. Supplies on hand totaled $2,200. 2. Depreciation is $6,800 on the equipment. 3. Interest of $3,800 is accrued on notes payable at June 30. Other data: 1. Salaries and wages expense is 60% selling and 40% administrative. 2. Rent expense and utilities expense are 70% selling and 30% administrative. 3. $10,000 of notes payable are due for payment next year. 4. Maintenance and repairs expense is 100% administrative. Instructions (a) Journalize the adjusting entries. (b) Prepare an adjusted trial balance. (c) Prepare a multiple-step income statement and retained earnings statement for the year and a classified balance sheet as of June 30,2014. (d) Journalize the closing entries. (e) Prepare a post-closing trial balance