1. Prepare the necessary closing entries, post the closing entries to the corresponding T accounts, and prepare the post-closing trial balance.

Each account balance on the adjusted trial balance (below) should have one T account that exhibits ALL entries from Accounting Project Part 2 and Accounting Project Part 3. (Shown below)

Sorry there is a lot of attached information, but wanted to make sure I didn't miss anything. Thank you for your help!

Campin Inc. Adjusted Trial Balance 12/31/21 Credit $ $ Debit 3,389,000 3,100,000 $ 491,250 $ va 1,262,500 4,500,000 $ 1,575,000 850,000 Cash Accounts Receivable Allowance for Doubtful Accounts Prepaid Insurance Inventory Equipment Accumulated Depreciation - Equipment Building Accumulated Depreciation - Building Land Accounts Payable Salaries Payable Mortgage Payable Long-Term Debt Common Stock - Par $0.01 APIC Retained Earnings - $ $ $ 292,500 $ 1,100,000 $ V V V V V V VS 775,000 50,000 1,370,000 2,175,000 6,000 2,994,000 265,000 $ $ $ $ 9,825,000 Sales Revenue COGS Salary Expense S $ 3,937,500 616,000 Bad Debt Expense Insurance Expense Depreciation Expense - Equipment Depreciation Expense - Building Interest Expense - Mortgage Interest Expense - Long-Term Debt $ $ $ $ | 481,250 100,000 225,000 42,500 40,000 175,000 19,818,750 - S $ 19,818,750 Fiscal Year 2021 Transactions Credit Month January Day 15 J1 Account Descriptions Accounts Receivable COGS Sales Revenue Inventory $ S S Debit 650,000 275,000 S $ 650,000 275,000 J2 January 30 $ $ 2,125,000 812,500 Accounts Receivable COGS Sales Revenue Inventory 2,125,000 812,500 J3 w January 31 S Salaries Expense Cash 42,000 $ 42,000 14 February 12 Cash S 650,000 Accounts Receivable $ 650,000 15 February 17 S 1,000,000 Inventory Accounts Payable S 1,000,000 J6 February 28 S Salaries Expense Cash 42,000 $ 42,000 17 March N 2 Cash S 2,125,000 Accounts Receivable $ 2,125,000 00 March 10 un Accounts Payable Cash 1,000,000 $ 1,000,000 19 March 25 $ S Accounts Receivable COGS Sales Revenue Inventory 1,650,000 750,000 $ $ 1,650,000 750,000 J10 March 31 S Salaries Expense Cash 42,000 $ 42,000 Assets Cash Balance-to-date Cash $ 750,000 Beg $ 750,000 $ 708,000 $ 42,000 3 S 1,358,000 4 $ 650,000 S 1,315,000 $ 42,000 16 $ 3,441,000 17 $ 2.125,000 $ 2,441,000 $1,000,000 J8 $ 2,399,000 $ 42,000 110 Accounts Receivable Balance-to-date Accounts Receivable $ 450,000 Beg $ 450,000 $ 1,100,000 J1 $ 650,000 $ 3,225,000 12 $ 2,125,000 $ 2,575,000 $ 550,000 14 $ 450,000 $2,25,000 17 $ 2,100,000 19 $1,650,000 Inventory Balance-to-date Inventory $1,200,000 Beg $ 1,200,000 $ 925,000 $275,00 11 $ 112,500 $81250 12 $1,112,500 5 $ 1,000,000 $352,500 $750,00 9 Prepaid Insurance Beg $ 100,000 Allowance for Doubtful Accounts 1$ 1,00 Beg Equipment Beg $ 4500,000 Accumulated Depreciation - Equipment $ 1,350,000 Beg Building Beg $ 850,000 Accumulated Depreciation - Building $ 30,000 Beg Land Beg $ 1,100,000 Liabilities Accounts Payable Balance-to-date $ 375,000 $1,375,000 $ 375,000 Mortgage Payable $ 1,400,000 Beg Accounts Payable $ 375,000 Beg $ 1,000,000 J5 $ 1,000,000 J8 Long-Term Debt $ 2,250,000 Beg Salaries Payable $ 50,000 Beg Stockholders' Equity Common Stock - Par $ 6,000 Beg APIC $ 2,994,000 Beg Retained Earnings $ 265,000 Beg Income Statement $ Sales Revenue 650,000 J1 $ 2,125,000 2 $ 1,650,000 19 Sales Balance-to-date $ 650,000 $ 2,775,000 $ 4,425,000 COGS Balance-to-date $ 275,000 $ 1,087,500 $ 1,837,500 COGS Ji $ 275,000 J2 $ 812,500 19 $ 750,000 Salaries Expense Balance-to-date $ 42,000 $ 84,000 $ 126,000 Salaries Expense J3 $ 42,000 16 $ 42,000 110 $ 42,000 Campin Inc. Unadjusted Trial Balance 12/31/21 Campin Inc. Adjusted Trial Balance 12/31/21 Credit Credit $ $ Debit 2,399,000 2,100,000 $ $ Debit 3,389,000 3,100,000 $ 10,000 $ 491,250 $ $ $ 100,000 362,500 4,500,000 $ $ $ 1,262,500 4,500,000 $ 1,350,000 $ 1,575,000 $ $ 850,000 $ 850,000 Cash Accounts Receivable Allowance for Doubtful Accounts Prepaid Insurance Inventory Equipment Accumulated Depreciation - Equipment Building Accumulated Depreciation - Building Land Accounts Payable Salaries Payable Mortgage Payable Long-Term Debt Common Stock - Par $0.01 APIC Retained Earnings $ $ 250,000 $ 292,500 $ 1,100,000 $ 1,100,000 $375,000 $ 50,000 $ 1,400,000 $ 2,250,000 $ 6,000 $ 2,994,000 $ 265,000 $ $ $ $ $ $ $ 775,000 50,000 1,370,000 2,175,000 6,000 2,994,000 265,000 $ 4,425,000 $ 9,825,000 Sales Revenue COGS Salary Expense $ 1,837,500 $ 126,000 $ 13,375,000 $ $ 3,937,500 616,000 $ 13,375,000 Bad Debt Expense Insurance Expense Depreciation Expense - Equipment Depreciation Expense - Building Interest Expense - Mortgage Interest Expense - Long-Term Debt $ 481,250 $ 100,000 $ 225,000 $ 42,500 $ 40,000 $ 175,000 $ 19,818,750 $ 19,818,750 Date Account Debit Credit Adj. 1 12/31/21 $ 481,250 Bad Debt Expense Allowance for Doubtful Accounts $ 481,250 Credit Date 12/31/21 Account Insurance Expense Prepaid Insurance Debit $ 100,000 Adj. 2 $ 100,000 Credit Date 12/31/21 Adj. 3 Account Debit Depreciation Expense - Equipment $ 225,000 Accumulated Depreciation - Equipment $ 225,000 Credit Date 12/31/21 Adj. 4 Account Debit Depreciatin Expense - Building $ 42,500 Accumulated Depreciation - Building $ 42,500 Credit Date 12/31/21 Adj. 5 Account Mortgage Payable Interest Expense - Mortgage Cash Debit $ 30,000 $ 40,000 $ 70,000 Debit Credit Adj. 6 Date 12/31/21 Account Salary Expense Cash $ 490,000 $ 490,000 Credit Date 12/31/21 Adj. 7 Account Long-Term Debt Interest Expense - Long-Term Debt Cash Debit $ 75,000 $ 175,000 $ 250,000 Credit Date 12/31/21 Debit $3,000,000 Adj. 8 Account Inventory Cash Accounts Payable $2,600,000 $ 400,000 Credit Date 12/31/21 Adj. 9 Account Accounts Receivable Cash COGS Sales Inventory Debit $1,000,000 $4,400,000 $2,100,000 $5,400,000 $2,100,000