Prepare the necessary journal entries for year-ended 31 December 2018, please. Thanks

Question 1 The following account balances are taken from the ledger of Bell Ltd. on 31 December 2018, the end of its fiscal year: Dr. (5) Cr. () Cash 60.000 Accounts receivable Inventories 85,000 87.000 225.000 77,000 38,000 5.000 60,000 3,000 100,000 Equipment Accumulated depreciation - equipment Accounts payable Wages payable Note payable Unearned revenue Share capital Retained profits Sales Cost of goods sold Wage expense Rent expense Interest expense Other operating expenses Other administrative expenses 132.300 256,000 145.000 32.000 14.000 2,400 5.300 15.600 5671.300 $671.300 Information necessary to prepare the year-end adjusting entries and 2018 financial statements: 1. Depreciation on the equipment for the year is $20,000. 2. Wages payable at 31 December 2018 should be $10,000 3. On 1 February 2018, Bell Ltd. borrowed $60,000 from a bank and signed a note. The note is due in 4 years' time and requires interest to be paid semi-annually on 31 July and 31 January at 8% per annum 4. In November 2018, a customer paid Bell Ltd. $3,000 for an order that was delivered in December 2018. The cash received was credited to "Uncamned revenue." No other customer advances were received during the year. 5. On 1 December 2018, Bell Ltd. paid 3,000 rent for the office building. The payment was recorded as rent expense and represented rent for December 2018 through January 2019, at $1,500 per month 6. Tax payable estimated at $3,000 7. The wages expense should be allocated 40% to distribution costs and 60% to administrative expenses. Depreciation for equipment should be allocated to other operating expenses