Question 1: G Company supplied the following adjusted trial balance as of December 31. G Company Adjusted Trial Balance December 31 Cash $8,700 Accounts Receivable 25,450 Prepaid Insurance 1,500 Supplies 400 Land 45,000 Building 134,500 Accumulated Depreciation- Building $88,450 Equipment 80,100 Accumulated Depreciation- Equipment 67,100 Accounts Payable 7,500 Salaries & Wages Payable 2,300 Unearned Revenue 2,000 Capital Withdrawals 69,300 8,000 Service Revenues 108,000 Interest Revenues 80,000 Rent Revenues 20,250 Salaries and Wages Expense 72,500 Utilities Expense 23,200 Advertising Expense 18,000 Repairs Expense 11,500 Depreciation Expense-Equipment 5,800 Depreciation Expense-Building 1,750 Miscellaneous Expense 4,050 Insurance Expense 2,900 Supplies Expense 1,550 Totals $444,900 $444,900 Required: a) Prepare closing entries b) Prepare a post-closing trial balance