please give me answers with detail

erical Part (page 1 of 7) - Google Chrome lu.om/mod/quiz/attempt.php?attempt=1809671&cmid=879606 G SYSTEM (ACADEMIC) Debit Credit Cash 10,500 Accounts receivable 150,000 Prepaid rent 5,000 Inventory 25.000 Equipment 2 Accumulated depreciation-equipment 125.000 Accounts payable 30,000 Notes payable-due in three months 30.000 Salaries payable 4.000 Interest payable 9,000 Common stock 200.000 Retained earnings 50.000 Dividends 8.000 Sales revenue 400.000 Costs of goods sold 180.000 Salaries expense 120.000 Rent expense 15.000 Depreciation expense 30.000 Interest expense 2.000 Advertising expense 2.500 Required: You have the option to upload your answer/working for this question via the provided link/button) Salaries expense 120,000 Rent expense 15.000 Depreciation expense 30,000 Interest expense 2.000 Advertising expense 2.500 Required: (You have the option to upload your answer/working for this question via the provided lin A) prepare the necessary year-end closing entries. B) Prepare a classified balance sheet for COVID Company as of December 31, 2021. Paragraph BE E