Please use the correct accounts

List of Accounts :

Accounts Payable

Accounts Receivable

Accumulated Depreciation-Buildings

Accumulated Depreciation-Equipment

Accumulated Depreciation-Trucks

Accumulated Depreciation-Vehicles

Advertising Expense

Buildings

Cash

Common Shares

Cost of Goods Sold

Depreciation Expense

Dividends Payable

Equipment

Income Tax Payable

Interest Expense

Interest Payable

Inventory

Land

Miscellaneous Expense

Notes Payable

Operating Expense

Other Expenses

Prepaid Insurance

Prepaid Rent

Rent Expense

Rent Revenue

Retained Earnings

Selling and Administrative Expenses

Supplies Expense

Wages Payable

Wages Expense

Advances to Employees

Bank Loan Payable

Deposits

Dividend Revenue

Dividends Declared

Income Tax Expense

Income Summary

Insurance Expense

Interest Revenue

Interest Receivable

Licence Expense

Long-Term Investments

Mortgage Payable

No Entry

Notes Receivable

Supplies

Prepaid Licence

Prepaid Property Tax

Property Tax Expense

Repair and Maintenance Expense

Sales Revenue

Service Revenue

Short-Term Investments

Telephone Expense

Unearned Revenue

Utilities Expense

Vehicles

Question 5 of 5 - / 100 View Policies Current Attempt in Progress The following trial balance before adjustments is for Snowcrest Ltd. on December 31, 2020: Credits Debits $10.500 28.000 2.900 2.100 56,000 Cash Inventory Advances to employees Supplies Equipment Accumulated depreciation, equipment Unearned revenue Bank loan payable Common shares Retained earnings Sales revenue Cost of goods sold Wages expense Repairs and maintenance expense Rent expense Miscellaneous expenses Dividends declared Totals $4,000 6.900 24.000 40.000 8.100 231.000 131,000 34,600 24.400 6.600 14,500 3,400 $314,000 $314.000 ork Assignment Question 5 of 5 - / 100 Data for adjusting entries: 1. As at December 31, 2020, 80% of the wages that had been paid in advance to the salespeople had been earned. 2. A count of the supplies at year end revealed that $600 of supplies were still on hand. 3. Depreciation on the equipment for 2020 was $1,000, 4. The unearned revenue was advance receipts for future deliveries of goods. By December 31, 2020, two-thirds of these deliveries had been made. 5. The bank loan was a six-month loan taken out on October 1, 2020. The interest rate on the loan is 9%, but the interest is not due to be paid until the note is repaid on April 1, 2021. 6. Wages owed at year end and not yet recorded were $500, 7. The rent expense figure includes $1.200 paid in advance for January 2021 8. Income tax for the year should be calculated using a tax rate of 25% (Hint. After you finish the other adjusting entries, determine the income bwfore income tax and then calculate the tax as 25% of this amount.) Prepare the adjusting entries for the year 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to the nearest whole dollar, es. 5,275) Debit Credit No. Account Titles and Explanation Advances to Employees Wages Payable 1. 2320 2320 2. Supplies 1500 Question 5 of 5 - / 100 2. Supplies 1500 Supplies Expense 1500 3. Depreciation Expense 1000 1000 4. 4600 Accumulated Depreciation Equipment Unearned Revenue Sales Revenue Interest Expense 4600 5. 540 Interest Payable 540 6. 500 Wages Expense Wages Payable 500 7. Prepaid Rent 1200 Rent Expense 1200 8. Income Tax Expense Income Tax Payable