Record and post transaction, adjusting, and closing journal entries; prepare unadjusted and adjusted trial balances and financial statements.

DiTuri Designs Ltd$.$ is an importer of Italian furniture. The company's post$-$closing trial balance at December $31,2020,$ the end of its fiscal year, is presented below:

$\backslash$table$[[\backslash$table$[[$Dituri Designs Ltd$.],[$Post$-$Closing Trial Balance$],[$December $31,2020]]],[,$Debit,Credit$],[$Cash$,$$$197,000,],[$Accounts receivable,$468,000,],[$Allowance for doubtful accounts,,$13,000],[$Notes receivable,$50,000,],[$Inventory$,2,682,000,],[$Prepaid insurance,$14,000,],[$Interest receivable,$1,000,],[$Equipment$,1,560,000,],[$Accumulated depreciation$-$equipment,,$972,000],[$Accounts payable,,$398,000],[$Salaries payable,,$16,000],[$Deferred revenue,,$44,000],[$Bank loan payable,,$800,000],[$Common shares,,$600,000],[$Retained earnings,,$2,129,000$