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P4.1 (LO1,2,4) The trial balance columns of the worksheet for Wang Roofing at March 31,2020 , are as follows (amounts in thousands). ments, and adjucting

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P4.1 (LO1,2,4) The trial balance columns of the worksheet for Wang Roofing at March 31,2020 , are as follows (amounts in thousands). ments, and adjucting and closine eritice. HAPTER 4 Completing the Accounting Cycle Other data: 1. A physical count reveals only 480 of roofing supplies on hand. 2. Depreciation for March is 250. 3. Unearned revenue amounted to 260 at March 31. 4. Accrued salaries are 700. Requirements: a. Open the three-column accounts for the accounts listed in the trial balance together with the following three additional accounts: Salaries and Wages Payable - Supplies Expense - Depreciation Expense Then insert the account balances given in the trial balance into the accounts opened. b. Journalize and post adjusting entries necessary. c. Prepare the adjusted trial balance. d. Prepare an income statement and a retained earnings statement for the month of March and a classified statement of financial position at March 31. e. Journalize and post closing entries necessary. f. Prepare the post-closing trial balance

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