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The unadjusted trial balance as of December 31, 2024, for the Bags Consulting Company appears below. December 31 is the company's reporting year-end. Information necessary to prepare the year-end adjusting entries appears below. a. The bulldings have an estimated useful life of 50 years with no salvage value. The company uses the straight-line depreciation method b. The office equipment is depreciated at 10 percent of original cost per year: c. Prepaid insurance expired during the year, $1,400 d. Accrued salaries at year-end, $1,100 e. Rent to customers who paid in advance has been provided for $7,200. Required: 1. From the trial balance and information given, prepare adjusting entries. 2. Post the beginning balances and adjusting entries into the appropriate T-occounts. 3. Prepare an adjusted trial balance. 4. Prepare closing entries. 5. Prepare o post-clasing trial balance. Required: 1. From the trial balance and information given, prepare adjusting entries., 2. Post the beginning balances and adjusting entries into the appropriate T-accounts. 3. Prepare an adjusted tral bolence. 4. Prepare closing entries. 5. Prepare a post-closing trial balance. Information necessary to prepare the year-end adjusting entries appears below. a. The bulidings have an estimated useful He of 50 years wath no salvage value. The company uses the straighi-line depreciation method. b. The office equipment is depreciated at 10 percent of original cost per year. c. Prepoid insurance expired during the year, 51,400 . d. Accrued salaries at year-end, $1,100. e. Rent to customers who poid in advance has been patovided for $7,200. Required: 1. From the trial balence and information given, prepare adjusting entries. 2. Post the beginning balances and adjusting entries into the appropriate T-accounts 3. Prepare an adjusted trial balance. 4. Propare closing entries. 5. Prepare a post-closing trial balance. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare an adjusted trial balance. Information necessary to prepare the year-end adjusting entries appears below. a. The buldings have an estimated useful life of 50 years with no salvage value. The company uses the straight-line depreciation method. b. The office equipment is depreciated at 10 percent of original cost per yoat. c. Prepaid insurance expired during the year, $1,400 d. Accrued salaries ot year-end, $1,100 e. Pent to customers who paid in advance has been provided for $7,200, Required: 1. From the trial balance and information given, prepare adjusting entries. 2. Post the beginning bolances and adjustint entries into the eppropelate T-accounts. 3. Prepere an adjusted trial balance. 4. Prepare closing entries. 5. Prepare a post-ciosing trial balance. 8 Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare dosing entries. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Information necessary to prepare the yoar-end adjusting entries appears below. a. The bulidings have an estimaled useful life of 50 years with no salvage value. The company uses the straight-line depreciation method. b. The office equipment is depreciated at 10 percent of original cost per yoat. c. Prepaid insurance expired during the year, $1,400. d. Accrued salaries at year-end, $1,00. e. Rent to customers who paid in advance has been provided for $7,200. Required: 1. From the trial balance and information given, prepare adjusting entries. 2. Post the beginning bolances and adjusting entries into the appropriate T-accounts. 3. Prepare an adjusted trial bolance. 4. Prepare closing ontries. 5. Prepare a post-closing trial balance. A Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare a post-closing trial balance